Viking Investments Group, Inc. Appoints James A. Doris as President and CEO

NEW YORK, NY, United States, via ETELIGIS INC., 12/12/2014 – – Viking Investments Group, Inc. ("Viking") (OTCQB: VKIN) is pleased to announce the appointment of James A. Doris as President and Chief Executive Officer, effective December 10th, 2014.

“We are pleased to announce the appointment of James to President and CEO of Viking” said Tom Simeo, Chairman of the Board of Directors of the company. “James has been an integral part of formulating a sound and responsible strategy for Viking to acquire income-producing assets throughout North America in various sectors, including energy and real estate.”

According to Simeo, “James has already identified several potential opportunities for the company, and we believe his decades of experience negotiating national and international transactions both as an executive and as a corporate/commercial lawyer will benefit the company tremendously in terms of closing transactions and increasing shareholder value.”

Mr. Doris was appointed as a Director of Viking earlier this year.

Viking is not an investment company, as defined by the Investment Company Act of 1940.

Safe Harbor Statement:

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company’s financing plans; (ii) trends affecting the company’s financial condition or results of operations; (iii) the company’s growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company’s Forms 10-K and 10-Q filed with the SEC.

CONTACT:

Viking Investments Group, Inc.

1330 Avenue of the Americas, Suite 23A

New York, NY 10019

Email:

IR

jdoris

Website: www.vikinginvestments.com (will be updated accordingly)

SOURCE: Viking Investments Group, Inc.

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