Viking Energy Group Introduces Experienced and Successful Operations & Technical Team in Oil and Gas


Over 100 Years of Industry Experience

HOUSTON, TX, April 23, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Viking Energy Group, Inc. (OTCQB: VKIN) (“Viking” or the “Company”), an independent exploration and production company focused on the acquisition and development of oil and natural gas properties, is pleased to provide detailed information on its operational and technical team, who are assisting with Viking’s strategy to acquire, enhance and develop new and existing assets in the Mid-Continent region.

James Doris, Viking’s President and Chief Executive Officer, commented, “Successful businesses are built on the backs of talented people and we are extremely fortunate to have such a sophisticated and experienced team of professionals, who have over 100 years’ of experience in the industry, working diligently to ensure we achieve our objectives.  We have the key pieces in place to significantly grow our business.”

Timothy Swift, Executive Vice President and Chief Operating Officer of Viking

Mr. Swift has more than 17 years of experience in the financial services industry, including research and trading of credit and equity products and the private placement of highly structured middle market credit products for companies within the energy sector. Prior to joining Viking Energy Group, Mr. Swift was a founding partner and Managing Director on the debt capital markets desk at Cantor Fitzgerald & Co. Prior to Cantor, Mr. Swift served as Vice President on the Cowen & Co debt capital markets team. Between Cantor Fitzgerald & Co and Cowen & Co, Mr. Swift participated in more than 50 transactions raising over $5.5 billion.  Prior to Cowen & Co, Mr. Swift served in various capacities at R.W. Pressprich and CRT Capital Group. He holds a B.S. in Finance from Babson College.

Bob Wonish, Senior Vice President of Engineering of Petrodome Energy, LLC (Viking’s subsidiary)

Mr. Wonish has over 40 years of experience in the oil and gas industry. He has been with Petrodome for over ten years and prior to then, Mr. Wonish served as President and COO of Petroleum Engineers, Inc.  He has consistently focused on acquisition, enhancement and development initiatives in the Gulf Coast and Mid-Continent regions, including off-shore projects and both conventional and unconventional development programs.  Mr. Wonish has managed several geology and engineering groups with respect to a variety of complex and challenging drilling programs, including those with annual development budgets of more than $100 million. Mr. Wonish is a Mechanical Engineering graduate of the University of Missouri at Rolla.

Don Snow, Senior Vice President of Geophysics of Petrodome Energy, LLC (Viking’s subsidiary)

Mr. Snow started his career at Chevron in the Geology and Geophysics department and has over 40 years of experience.  He has lead the exploration, geological, and geophysical divisions of several companies including Caza Oil and Gas, Pure Resources, Santa Fe Resources, and Subsurface Resources.  Don has been an integral part of several acquisition initiatives involving oil & gas assets throughout Texas, Louisiana, Mississippi and other areas, and his unique analytical and seismic interpretation skills have assisted many companies with maximizing returns by identifying and producing hydrocarbons from neglected or over-looked areas.

Arthur Ley, Senior Vice President of Geology of Petrodome Energy, LLC (Viking’s subsidiary)

Mr. Ley has 41 years of geological and geophysical experience with an emphasis on onshore and offshore South Louisiana and Texas.  Mr. Ley has held numerous geological and management positions with companies such as Union Texas Petroleum, Columbia Gas Development, and Aviara Energy.  Mr. Ley’s prime focus has been on designing, developing, and implementing exploration and development programs in the United States Gulf Coast with an emphasis on the Frio and Miocene sands in Southwest Louisiana.  Prior to joining Petrodome Mr. Ley was President of Jordan Oil Company and most recently the Vice President of Geology for Dunn Exploration Company, LLC in Houston, Texas.  Mr. Ley made numerous discoveries for Dunn and was instrumental in leading the company to become one of the leading oil producing entities in the state of Louisiana. Mr. Ley holds a B.S. in Geology from Louisiana State University in Baton Rouge.

Troy Miller, Operation Manager of Petrodome Energy, LLC (Viking’s subsidiary)

Mr. Miller has over 23 years of experience in the oil and gas industry including with respect to assessing prospective opportunities and managing both conventional and unconventional well portfolios.  He has worked with companies such as Energy Quest, Zone Oil & Gas and FiveJab, Inc., and has an in-depth understanding of all facets of land and off-shore operational matters.  Mr. Miller brings a pragmatic approach toward operational, maintenance and enhancement issues. 

About Viking Energy Group, Inc.

Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in North America. The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas.  Viking targets under-valued assets with realistic appreciation potential. 

For additional information, please visit: https://www.vikingenergygroup.com.

Forward-Looking Statements

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and any statements that are not historical facts contained in this press release are "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 (“PSLRA”), which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions or economic conditions with respect to the oil and gas industry, the performance of management, actions of government regulators, vendors, and suppliers, our cash flows and ability to obtain financing, competition, general economic conditions and other factors that are detailed in our filings with the Securities and Exchange Commission (“SEC”), including our Annual Report on Form 10-K for the year ending December 31, 2018. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.

Contact Information

Corporate

James A. Doris, President and C.E.O.
Viking Energy Group, Inc.
15915 Katy Freeway, Suite 450
Houston, TX 77094
jdoris@vikingenergygroup.com

Investors and Media:
p917-841-5859
IR@vikingenergygroup.com

Source: Viking Energy Group, Inc.