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| x | QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|-----------------------------------------------------------------------------------|

| o | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT |
|---|-----------------------------------------------------------------|

| VICTORY ENERGY CORPORATION                          |
|-----------------------------------------------------|
| (Exact Name of Company as Specified in its Charter) |

| Nevada                                                         |   | 87-0564472                           |
|----------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (I.R.S. Employer Identification No.) |
|                                                           |   |                                 |
| 3355 Bee Caves Road Ste 608, Austin, Texas                     |   | 78746                                |
| (Address of principal executive offices)                       |   |  (Zip Code)                     |

| Large accelerated filer                       | o      | Accelerated filer         | o |
|-----------------------------------------------|--------|---------------------------|---|
| Non-accelerated filer                         | o      | Smaller reporting company | x |
| (Do not check if a smaller reporting company) |   |                      |

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| 2.1 +      |   | Purchase and Sale Agreement dated as of April 30, 2014, by and among the Hannathon Petroleum, LLC and the other sellers party thereto and MDC Texas Energy, LLC.**                                                                                 |
|------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.2 +      |   | Purchase and Sale Agreement dated as of June 30, 2014, between TELA Garwood Limited, LP and Aurora Energy Partners. Incorporated by reference to Exhibit 2.1 of the Company’s Current Report on Form 8-K filed with the SEC on July 8, 2014. |
| 10.1^      |   | Employment Agreement between Victory Energy Corporation and Fred Smith dated May 27, 2014. Incorporated by reference to Exhibit 10.1 of the Company’s Current Report on Form 8-K filed with the SEC on June 3, 2014.                         |
| 31.1       |   | Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.**                                                                                                                                         |
| 31.2  |   | Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.**                                                                                                                                         |
| 32.1       |   | Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350. Incorporated by reference to Exhibit 32.1 to the Company’s Quarterly Report on Form 10-Q filed on August 18, 2014.                                    |
| 32.2       |   | Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350. Incorporated by reference to Exhibit 32.2 to the Company’s Quarterly Report on Form 10-Q filed on August 18, 2014.                                    |
| 101.INS*   |   | XBRL Instance Document                                                                                                                                                                                                                             |
| 101.SCH*   |   | XBRL Taxonomy Extension Schema Document                                                                                                                                                                                                            |
| 101.CAL*   |   | XBRL Taxonomy Extension Calculation Linkbase Document                                                                                                                                                                                              |
| 101.DEF*   |   | XBRL Taxonomy Extension Definition Linkbase Document                                                                                                                                                                                               |
| 101.LAB*   |   | XBRL Taxonomy Extension Label Linkbase Document                                                                                                                                                                                                    |
| 101.PRE*   |   | XBRL Taxonomy Extension Presentation Linkbase Document                                                                                                                                                                                             |

| * XBRL (Extensible Business Reporting Language) information is furnished and not filed or part of a registration statement or prospectus for purposes of Section 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ** Filed herewith.                                                                                                                                                                                                                                                                                                                                                                      |
| +Schedules and similar attachments have been omitted pursuant to Item 601(b) (2) of Regulation S-K. The Company will furnish supplementally a copy of any omitted schedule or similar attachment to the Securities and Exchange Commission upon request.^ Management contracts and compensatory plans.                                                                                  |

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|                       | VICTORY ENERGY CORPORATION |                                 |
|----------------------------|----------------------------|--------------------------------------|
|                       |                       |                                 |   |
| Date: August 28, 2014 | By:                        | /s/ Kenneth Hill                |   |
|                       |                       | Kenneth Hill                         |   |
|                       |                       | Chief Executive Officer and Director |   |

| Date: August 28, 2014 | By:    | /s/ Fred Smith     |   |
|----------------------------|--------|-------------------------|--------|
|                       |   | Fred Smith              |   |
|                       |   | Chief Financial Officer |   |

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