CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Condensed Consolidated Statements Of Operations
REVENUE	$ 93,768	$ 63,965
COSTS AND EXPENSES
Lease operating expenses	23,590	(14,155)
Production taxes	8,948	6,479
Dry hole costs	3,610	86,742
Exploration	13,158	10,125
General and administrative expense	478,796	981,725
Depletion, depreciation, and accretion	18,575	18,809
Total expenses	546,677	1,089,725
LOSS FROM OPERATIONS	(452,909)	(1,025,760)
OTHER INCOME AND EXPENSE
Interest expense	445	3,984,023
Total other income and expense	445	3,984,023
LOSS BEFORE TAX BENEFIT	(453,354)	(5,009,783)
TAX BENEFIT
NET LOSS	(453,354)	(5,009,783)
Less: Net loss attributable to non-controlling interest	(38,976)	(49,734)
NET LOSS ATTRIBUTABLE TO VICTORY ENERGY CORPORATION	$ (414,378)	$ (4,960,049)
Weighted average shares, basic and diluted	27,563,619	10,874,774
Net loss per share, basic and diluted	$ (0.02)	$ (0.46)