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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>PURSUANT TO SECTION 13 OR 15(d) OF<BR>
THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in">Date of Report (Date of
earliest event reported): <B>January 23, 2012 (January 17, 2012)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B><U>VICTORY ENERGY CORPORATION</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)</P>

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    <TD STYLE="width: 35%">&nbsp;</TD>
    <TD STYLE="width: 1%; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="width: 32%">&nbsp;</TD>
    <TD STYLE="width: 1%; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="width: 31%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="font: bold 10pt/115% Times New Roman, Times, Serif; vertical-align: top; text-align: center">Nevada</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: bold 10pt/115% Times New Roman, Times, Serif; vertical-align: bottom; text-align: center">2-76219-NY</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: bold 10pt/115% Times New Roman, Times, Serif; vertical-align: bottom; text-align: center">87-0564472</TD></TR>
<TR>
    <TD STYLE="font: bold 10pt/115% Times New Roman, Times, Serif; vertical-align: top; text-align: center">(State or&nbsp;Other&nbsp;Jurisdiction&nbsp;of&nbsp;Incorporation)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: bold 10pt/115% Times New Roman, Times, Serif; vertical-align: bottom; text-align: center">(Commission File Number)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: bold 10pt/115% Times New Roman, Times, Serif; vertical-align: bottom; text-align: center">(IRS Employer Identification No.)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>&nbsp;</B></P>

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<TR>
    <TD STYLE="vertical-align: top; font: bold 10pt/115% Times New Roman, Times, Serif; text-align: center">20341 Irvine Avenue, Newport Beach, California</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: bold 10pt/115% Times New Roman, Times, Serif; text-align: center">92660</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: bold 10pt/115% Times New Roman, Times, Serif; text-align: center">(Address of Principal Executive Offices)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: bold 10pt/115% Times New Roman, Times, Serif; text-align: center">(Zip Code)</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 19.2pt 0 0; text-align: center"><B>Registrant&rsquo;s telephone number,
including area code: (714)&nbsp;480-0305 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 19.2pt 0 0; text-align: center"><B>Not Applicable </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Former Name or Former Address, if Changed
Since Last Report) </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 27pt">Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<I>see</I>
General Instruction A.2. below):</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <TD STYLE="width: 97%; font: 10pt/115% Times New Roman, Times, Serif">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</TD></TR>
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    <TD STYLE="width: 97%; font: 10pt/115% Times New Roman, Times, Serif">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD></TR>
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    <TD STYLE="width: 97%; font: 10pt/115% Times New Roman, Times, Serif">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD></TR>
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    <TD STYLE="width: 97%; font: 10pt/115% Times New Roman, Times, Serif">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD></TR>
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    <TD STYLE="width: 8%; font: bold 10pt/115% Times New Roman, Times, Serif">Item&nbsp;5.02.</TD>
    <TD STYLE="width: 6%; font: 10pt/115% Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 86%; font: bold 10pt/115% Times New Roman, Times, Serif">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; text-align: justify">Effective
January 17, 2012, Mr. Robert J. Miranda resigned as Chief Executive Officer of Victory Energy Corporation (the &ldquo;Company&rdquo;),
a position he has held since April 28, 2009. Mr. Miranda will continue as Chairman of the Board of the Directors and Audit Committee
of the Company.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; text-align: justify">Also
effective January 17, 2012, Mr. Kenneth Hill was appointed as Chief Executive Officer of the Company. As previously disclosed
in the Company&rsquo;s Current Report on Form 8-K, filed with the Securities and Exchange Commission on January 14, 2011, Mr.
Hill has held the positions of Vice President and Chief Operating Officer of the Company since January 7, 2011. Prior to joining
the Company, Mr. Hill, age 48, served as interim CEO, Corporate Secretary and VP of Operations of Aus-Tex Exploration Inc., a
U.S. subsidiary of an Australian oil and gas company, from June 2006 through November 2010, and as General Partner of Here We
Go Again Partners, a venture capital firm with investments in the technology, energy and commercial real estate sectors, from
February 2005 through June 2006. Mr. Hill attended Southwest Texas State University and has completed several executive MBA programs
at the University of Texas, Austin.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; text-align: justify">On
January 23, 2012, the Company entered into an Employment Agreement with Mr. Hill, wherein he agreed to serve as Chief Executive
Officer of the Company, effective January 17, 2012. The term of the agreement began on January 17, 2012 and will continue at-will
unless sooner terminated by either party upon notice to the other. Mr. Hill will receive a base annual salary of $180,000 per
year and Mr. Hill will also receive a performance bonus totaling an amount equal to one percent (1%) of the gross receipts of
the Company from its partnership interest in Aurora Energy Partners a year upon reaching mutually agreeable objectives.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; text-align: justify">There
were no arrangements or understandings between Mr. Hill and any other person pursuant to which Mr. Hill was appointed as an officer.
There are no family relationships between Mr. Hill and any director or officer of the Company. There are no related party transactions
between the Company and Mr. Hill other than the Employment Agreement, dated January 23, 2012.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; text-align: justify">A
copy of the Company&rsquo;s press release announcing the resignation of Mr. Miranda and the appointment of Mr. Hill is attached
hereto as Exhibit 99.1 and is incorporated in this report by reference.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Item 9.01&#9;Financial Statements and Exhibits.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; margin-left: 0; text-indent: 22pt; text-align: justify">(d)&#9;<U>Exhibits</U>.&nbsp;</P>

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    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 10%; line-height: 115%; text-decoration: underline">Exhibit No.</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="line-height: 115%; text-decoration: underline; width: 81%">Description</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; line-height: 115%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 115%; text-decoration: none">99.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="line-height: 115%; text-decoration: none">Press Release of Victory Energy Corporation dated January 18,
    2012.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <TD STYLE="line-height: 115%; font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="line-height: 115%; font-family: Times New Roman, Times, Serif; font-weight: bold">VICTORY ENERGY CORPORATION</TD>
    <TD STYLE="line-height: 115%; font-family: Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 52%; line-height: 115%; font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 3%; line-height: 115%; font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 34%; line-height: 115%; font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 11%; line-height: 115%; font-family: Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 115%; font-family: Times New Roman, Times, Serif">Dated: January 23, 2012&nbsp;</TD>
    <TD STYLE="line-height: 115%; font-family: Times New Roman, Times, Serif">By:</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; line-height: 115%; font-family: Times New Roman, Times, Serif">/s/ KENNETH HILL</TD>
    <TD STYLE="line-height: 115%; font-family: Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; line-height: 115%; font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: top; line-height: 115%; font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; line-height: 115%; font-family: Times New Roman, Times, Serif">Kenneth Hill</TD>
    <TD STYLE="vertical-align: top; line-height: 115%; font-family: Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="line-height: 115%; font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="line-height: 115%; font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="line-height: 115%; font-family: Times New Roman, Times, Serif">Chief Executive Officer</TD>
    <TD STYLE="line-height: 115%; font-family: Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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[{"type": "8-K", "sequence": "1", "filename": "v300181_8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 18168}]
{"company-data": {"conformed-name": "VICTORY ENERGY CORP", "cik": "0000700764", "assigned-sic": "1311", "irs-number": "870564472", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "002-76219-NY", "film-number": "12540531"}, "business-address": {"street1": "112 N. CURRY STREET", "city": "CARSON CITY", "state": "NV", "zip": "89703-4934", "phone": "7029899735"}, "mail-address": {"street1": "112 N. CURRY STREET", "city": "CARSON CITY", "state": "NV", "zip": "89703-4934"}, "former-company": [{"former-conformed-name": "VICTORY CAPITAL HOLDINGS CORP", "date-changed": "20030507"}, {"former-conformed-name": "NEW ENVIRONMENTAL TECHNOLOGIES CORP", "date-changed": "20010112"}, {"former-conformed-name": "ALL THINGS INC", "date-changed": "20010112"}]}
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of
earliest event reported):
January 23, 2012 (January 17, 2012)
VICTORY ENERGY CORPORATION
(Exact name of registrant as specified in its
charter)
Nevada
2-76219-NY
87-0564472
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
20341 Irvine Avenue, Newport Beach, California
92660
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number,
including area code: (714) 480-0305
Not Applicable
(Former Name or Former Address, if Changed
Since Last Report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (
see
General Instruction A.2. below):
£
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
£
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
£
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
£
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective
January 17, 2012, Mr. Robert J. Miranda resigned as Chief Executive Officer of Victory Energy Corporation (the "Company"),
a position he has held since April 28, 2009. Mr. Miranda will continue as Chairman of the Board of the Directors and Audit Committee
of the Company.
Also
effective January 17, 2012, Mr. Kenneth Hill was appointed as Chief Executive Officer of the Company. As previously disclosed
in the Company's Current Report on Form 8-K, filed with the Securities and Exchange Commission on January 14, 2011, Mr.
Hill has held the positions of Vice President and Chief Operating Officer of the Company since January 7, 2011. Prior to joining
the Company, Mr. Hill, age 48, served as interim CEO, Corporate Secretary and VP of Operations of Aus-Tex Exploration Inc., a
U.S. subsidiary of an Australian oil and gas company, from June 2006 through November 2010, and as General Partner of Here We
Go Again Partners, a venture capital firm with investments in the technology, energy and commercial real estate sectors, from
February 2005 through June 2006. Mr. Hill attended Southwest Texas State University and has completed several executive MBA programs
at the University of Texas, Austin.
On
January 23, 2012, the Company entered into an Employment Agreement with Mr. Hill, wherein he agreed to serve as Chief Executive
Officer of the Company, effective January 17, 2012. The term of the agreement began on January 17, 2012 and will continue at-will
unless sooner terminated by either party upon notice to the other. Mr. Hill will receive a base annual salary of $180,000 per
year and Mr. Hill will also receive a performance bonus totaling an amount equal to one percent (1%) of the gross receipts of
the Company from its partnership interest in Aurora Energy Partners a year upon reaching mutually agreeable objectives.
There
were no arrangements or understandings between Mr. Hill and any other person pursuant to which Mr. Hill was appointed as an officer.
There are no family relationships between Mr. Hill and any director or officer of the Company. There are no related party transactions
between the Company and Mr. Hill other than the Employment Agreement, dated January 23, 2012.
A
copy of the Company's press release announcing the resignation of Mr. Miranda and the appointment of Mr. Hill is attached
hereto as Exhibit 99.1 and is incorporated in this report by reference.
Item 9.01	Financial Statements and Exhibits.
(d)
Exhibits
.
Exhibit No.
Description
99.1
Press Release of Victory Energy Corporation dated January 18,
    2012.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
VICTORY ENERGY CORPORATION
Dated: January 23, 2012
By:
/s/ KENNETH HILL
Kenneth Hill
Chief Executive Officer