CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Condensed Consolidated Statements Of Operations
OIL AND GAS REVENUES	$ 237,977	$ 161,910	$ 432,960	$ 255,678
COSTS AND EXPENSES
Lease operating expenses	53,963	51,396	115,632	74,986
Production taxes	15,127	11,655	25,262	20,603
Dry hole costs				3,610
Exploration	19,677	2,419	24,172	15,577
General and administrative	981,713	421,647	1,463,628	900,443
Depletion, depreciation and amortization	92,040	59,324	170,071	77,899
Total cost and expenses	1,162,520	546,441	1,798,765	1,093,118
INCOME (LOSS) FROM OPERATIONS	(924,543)	(384,531)	(1,365,805)	(837,440)
OTHER INCOME AND (EXPENSE)
Gain from sale of oil and gas properties	2,159,592		2,159,592
Management fee	84,993		88,892
Amortization of debt financing costs and interest expense	(22,223)	(501)	(31,008)	(946)
Total net other income and expense	2,222,362	(501)	2,217,476	(946)
INCOME (LOSS) BEFORE TAX EXPENSE	1,297,819	(385,032)	851,671	(838,386)
TAX EXPENSE
NET INCOME (LOSS)	1,297,819	(385,032)	851,671	(838,386)
Less: net income (loss) attributable to non-controlling interest	1,025,630	(73,313)	1,014,785	(112,289)
NET INCOME (LOSS) ATTRIBUTABLE TO VICTORY ENERGY CORPORATION	$ 272,189	$ (311,719)	$ (163,114)	$ (726,097)
Basic	28,230,612	27,563,619	27,898,958	27,563,619
Diluted	28,835,476	27,563,619	27,898,958	27,563,619
Basic	$ 0.01	$ (0.01)	$ (0.01)	$ (0.03)
Diluted	$ 0.01	$ (0.01)	$ (0.01)	$ (0.03)