Stockle - the stock oracle

VIKING ENERGY GROUP, INC.

US:VKINDUS:VKIN
No current share price held for this company.

Past year: ▼ 26%(23.0c – 80.7c USD)

Market cap
—
Shares on issue
—
Story beats
34 since 2005
Last event
1 Aug 2023

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

14 Nov 2016auditor change▼ Bad

Auditor Mohle Adams LLP told Viking it was exiting the public-company audit business entirely and had not issued any report -- the second of two abrupt auditor exits within two weeks.

Discuss in chat

2 Nov 2016asset acquisition disposition▼ BadMajor

This amendment adds exhibits and detail to an October 2016 report. Through Mid-Con Petroleum, Viking got a CrossFirst Bank revolver of up to $3M (initial advance $1.8M, maturing Sept 30, 2018), raised $610,000 in notes-and-shares units, and on Oct 4, 2016 bought Kansas leases (about 660 acres, ~40 barrels a day) for $1,105,858 plus 5,152,021 shares. It also records that auditor Green & Company resigned and said its 2015 audit and two 2016 quarterly reports should not be relied on, citing share issuances to a consultant. Viking disputes this and has hired Mohle Adams to re-audit 2015.

Discuss in chat

13 Oct 2016asset acquisition disposition▲ GoodMajor

Through its subsidiary Mid-Con Petroleum, Viking took a $3 million CrossFirst Bank revolver and raised $610,000 in a private placement, using the money to buy more Kansas oil leases (about 40 barrels a day). It also disclosed that its auditor, Green & Company, resigned and said past financials should not be relied on, which Viking disputed.

Discuss in chat

22 Aug 2016quarterly activities report● Neutral

VIKING ENERGY GROUP, INC. reported a quarterly net income of $1.9 million for the period ended 2016-09-30.

Discuss in chat

22 Aug 2016quarterly activities report● Neutral

VIKING ENERGY GROUP, INC. reported a quarterly net income of $1.9 million for the period ended 2016-09-30.

Discuss in chat

16 Aug 2016late filing notice▼ Bad

VIKING ENERGY GROUP, INC. notified the SEC that its quarterly report would be filed late.

Discuss in chat

27 May 2016quarterly activities report▼ Bad

VIKING ENERGY GROUP, INC. reported quarterly revenue of $30 thousand and a net loss of $1.6 million for the period ended 2016-03-31.

Discuss in chat

16 May 2016late filing notice▼ Bad

VIKING ENERGY GROUP, INC. notified the SEC that its quarterly report would be filed late.

Discuss in chat

30 Mar 2016late filing notice▼ Bad

VIKING ENERGY GROUP, INC. notified the SEC that its annual report would be filed late.

Discuss in chat

1 Mar 2016capital raising announcement▲ GoodMajor

Viking closed on working interests in four Miami and Franklin County, Kansas leases (about 30 barrels a day) for $1,305,000 cash, a $45,000 note and 4,500,000 shares. It also bought Kansas and Missouri leases for 5,150,000 shares, funded by a $1.45 million 15% convertible note.

Discuss in chat

20 Nov 2015quarterly activities report▼ Bad

VIKING ENERGY GROUP, INC. reported quarterly revenue of $32 thousand and a net loss of $328 thousand for the period ended 2015-09-30.

Discuss in chat

16 Nov 2015late filing notice▼ Bad

VIKING ENERGY GROUP, INC. notified the SEC that its quarterly report would be filed late.

Discuss in chat

19 Aug 2015quarterly activities report▼ Bad

VIKING ENERGY GROUP, INC. reported quarterly revenue of $32 thousand and a net loss of $328 thousand for the period ended 2015-09-30.

Discuss in chat

14 Aug 2015late filing notice▼ Bad

VIKING ENERGY GROUP, INC. notified the SEC that its quarterly report would be filed late.

Discuss in chat

20 May 2015quarterly activities report▼ Bad

VIKING ENERGY GROUP, INC. reported quarterly revenue of $32 thousand and a net loss of $169 thousand for the period ended 2015-06-30.

Discuss in chat

12 May 2015late filing notice▼ Bad

VIKING ENERGY GROUP, INC. notified the SEC that its quarterly report would be filed late.

Discuss in chat

16 Apr 2015director interest notice● Neutral

VIKING ENERGY GROUP, INC. Vice President Squarek John Edward bought 10,000 shares on the open market at $0.30.

Discuss in chat

1 Apr 2015late filing notice▼ Bad

VIKING ENERGY GROUP, INC. notified the SEC that its annual report would be filed late.

Discuss in chat

23 Mar 2015director interest notice● Neutral

VIKING ENERGY GROUP, INC. Vice President Squarek John Edward bought 43,000 shares on the open market at $0.10.

Discuss in chat

9 Mar 2015director interest notice● Neutral

VIKING ENERGY GROUP, INC. Vice President Squarek John Edward bought 5,000 shares on the open market at $0.13.

Discuss in chat

20 Feb 2015director interest notice● Neutral

Squarek John Edward became a VIKING ENERGY GROUP, INC. Vice President and company insider (initial ownership filing).

Discuss in chat

23 Jan 2015auditor change▼ Bad

Auditor DKM Certified Public Accountants declined to stand for reappointment; its last report, like its predecessor's, had flagged substantial doubt about the company's ability to continue as a going concern.

Discuss in chat

14 Nov 2014quarterly activities report▼ Bad

VIKING ENERGY GROUP, INC. reported a quarterly net loss of $239 thousand for the period ended 2014-09-30.

Discuss in chat

10 Nov 2014asset acquisition disposition▲ GoodMajor

The company entered the oil and gas business for the first time in earnest, paying Tanager Energy Inc. about $302,000 for a 50% working interest in the Joffre oil property in Alberta, Canada -- the real origin of the eventual 'Viking Energy' identity.

Discuss in chat

13 Aug 2014quarterly activities report▼ Bad

VIKING ENERGY GROUP, INC. reported a quarterly net loss of $239 thousand for the period ended 2014-09-30.

Discuss in chat

11 June 2014substantial holder notice● Neutral

ASHER ENTERPRISES, INC. EIN reported no remaining VIKING ENERGY GROUP, INC. shareholding in its periodic institutional filing.

Discuss in chat

15 May 2014quarterly activities report▼ Bad

VIKING ENERGY GROUP, INC. reported a quarterly net loss of $121 thousand for the period ended 2014-06-30.

Discuss in chat

5 May 2014auditor change▼ Bad

Viking Investments Group dismissed auditor Schwartz Levitsky Feldman LLP, whose last report had flagged substantial doubt about the company's ability to continue as a going concern.

Discuss in chat

31 Mar 2014late filing notice▼ Bad

VIKING ENERGY GROUP, INC. notified the SEC that its annual report would be filed late.

Discuss in chat

4 Oct 2013substantial holder notice● Neutral

ASHER ENTERPRISES, INC. EIN disclosed a new substantial VIKING ENERGY GROUP, INC. shareholding (9.99% of votes).

Discuss in chat