Viking Minerals Inc: The Company evaluates a Joint-Venture project in an Oil field in Texas

PEORIA, AZ, April 2, 2013 /PRNewswire/ - Viking Minerals Inc. (VKML-OTCBB) announces on behalf of the Board of Directors that the Company has begun an evaluation process with a private Oil & Gas Company/Operator in the State of Texas.

The Company will enter into a Joint-Venture agreement with the Owner/Operator of the Oil & Gas field on a Joint-Venture basis, after a thorough technical assessment within 2 weeks.

The Oil & Gas Company has 2 Oil & Gas fields with a total area of 1215 and 480 acres respectively, consisting total of 15 and 18 wells respectively, most of the wells are not producing and need repairs, there are 3 Salt Water disposal wells on one of the fields. The owner/operator recommends that J/V partners should bring one well into production at a time and should rework the shut-in wells back into production until such time the entire field becomes productive.

The Company is of the opinion, that the 2 said Oil & Gas fields may be a part of Eagle Ford formation that may hold undiscovered shale gas deposits, this is yet to be certified by an independent registered Petroleum Geologist.

Forward-Looking Statement

This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  Investors are cautioned that such forward-looking statements involve risks and uncertainties, which include among others, the inherent uncertainties associated with smaller reporting companies, including without limitation, other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

Viking Minerals Inc.
Peoria, AZ. 85381

SOURCE Viking Minerals Inc.