CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Current Assets
Cash and cash equivalents	$ 20,479	$ 56,456
Accounts receivable	38,280	44,379
Prepaid expenses	7,494	9,951
Total current assets	66,253	110,786
Fixed Assets
Furniture and equipment	46,883	46,883
Accumulated depreciation	(32,509)	(30,893)
Total furniture and fixtures, net	14,374	15,990
Oil and gas properties, net of impairment (successful efforts method)	2,795,557	2,787,986
Accumulated depletion, depreciation and amortization	(2,188,860)	(2,166,643)
Total oil and gas properties, net	606,697	621,343
Other Assets
Management fee receivable - affiliate	138,633	137,556
Total Assets	825,957	885,675
Current Liabilities
Accounts payable	531,826	420,559
Accrued liabilities	405,400	746,491
Accrued liabilities - related parties	1,310,847	1,489,973
Liability for unauthorized preferred stock issued	9,283	9,283
Note payable (net of unamortized deferred financing costs)	371,500	564,263
Note payable (net of debt discount) - affiliate	206,696	0
Asset retirement obligation	52,321	76,850
Total current liabilities	2,887,873	3,307,419
Other Liabilities
Asset retirement obligations	40,448	7,141
Total long term liabilities	40,448	7,141
Total Liabilities	2,928,321	3,314,560
Stockholders' Equity (Deficit)
Common stock, $0.001 par value, 47,500,000 shares authorized, 31,220,326 shares and 31,220,326 shares issued and outstanding for March 31, 2017 and December 31, 2016, respectively	31,220	31,220
Additional paid-in capital	36,126,176	35,795,479
Accumulated deficit	(46,808,011)	(46,140,750)
Total Victory Energy Corporation stockholders' deficit	(10,650,615)	(10,314,051)
Non-controlling interest	8,548,251	7,885,166
Total stockholders' equity (deficit)	(2,102,364)	(2,428,885)
Total Liabilities and Stockholders' Deficit	$ 825,957	$ 885,675