Viking Investments Group, Inc. Announces Commitment Toward Private Placement

NEW YORK, NY, Aug 27, 2014 (Marketwired via COMTEX) Viking Investments Group, Inc. ( Viking ) (OTCQB: VKIN) is pleased to announce it received from an unaffiliated entity a commitment, evidenced by, among other things, a wire transfer in immediately available funds into the trust account of Viking s legal counsel, toward the $2,000,000 private placement announced by Viking on May 12th, 2014. Upon receipt of sufficient additional funds, Viking intends to complete all or part of the private placement, the proceeds from which will be used to purchase an equity interest in one or more publicly-traded companies actively engaged in the commercial production of oil and gas, and for general working capital. Viking provides professional advisory and consulting services to companies undergoing or anticipating periods of rapid growth, significant change or ownership transition. Target companies must have superior management, intimate knowledge of the particular industry and a sound business plan
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