Victory Energy Corporation announced earnings results for the three months ended June 30, 2018. For the three months, the company reported loss from continuing operations increased to $11,835,688 for the three months ended June 30, 2018 from a loss of $620,161 for the three months ended June 30, 2017. The increase in the loss was primarily due to higher general and administrative costs as discussed above, which included the non-cash settlement of a note payable with VPEG of $11,281,602. Income from discontinued operations increased $19,026, or 63%, to $49,086 for the three months ended March 31, 2018 from $30,060 for the three months ended March 31, 2017. Income from discontinued operations increased to $36,361 for the three months ended June 30, 2018 from $5,988 for the three months ended June 30, 2017. The income in both periods was due to the Company’s divestiture of its 50% interest in the Aurora partnership.