CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues
Oil and gas sales	$ 85,300	$ 65,993
Total revenues	85,300	65,993
Operating Expenses:
Lease operating costs	25,904	37,353
Exploration and dry hole cost	1,903	0
Production taxes	4,685	3,273
General and administrative	603,663	444,161
Depreciation, depletion, amortization, and accretion	25,041	48,019
Total operating expenses	661,196	532,806
Loss from operations	(575,896)	(466,813)
Other Income (Expense):
Management fee income	1,077	1,336
Interest expense	(89,358)	(33,189)
Total other income and expense	(88,281)	(31,853)
Loss before Tax Benefit	(664,177)	(498,666)
Tax benefit	0	0
Net loss	(664,177)	(498,666)
Less: Net income (loss) attributable to non-controlling interest	3,085	(57,042)
Net loss attributable to Victory Energy Corporation	$ (667,262)	$ (441,624)
Weighted average shares, basic and diluted (in shares)	31,220,326	31,220,326
Net loss per share, basic and diluted (in dollars per share)	$ (0.02)	$ (0.01)