2022-07-18 | OTCQB:VKIN | Press release

HOUSTON, TX/ACCESSWIRE/July 18, 2022/Viking Energy Group, Inc. (OTCQB:VKIN) (“viking“or the”Company“) is pleased to announce its majority subsidiary, Viking Ozone Technology, LLC (“viking ozone“), has been informed that the United States Patent and Trademark Office has published an Office action in Viking Ozone’s pending patent application covering multi-chamber medical waste treatment systems and methods , in which a number of claims have been deemed allowable by the Patent Office After amendment and response, an issued patent will likely follow This covers Viking Ozone’s proprietary methods and devices using ozone treatments Viking is expected to use this technology in its international expansion into medical waste treatment.

About Viking:

Based in Houston, Texas, Viking Energy Group, Inc. is a growth-oriented, diversified energy company. Through various majority-owned subsidiaries, Viking provides customized energy and electrical solutions to commercial and industrial customers across North America. The company also holds an exclusive license in Canada for a patented carbon capture system and owns a controlling interest in entities holding intellectual property rights to fully developed, patent-pending, market-ready property: (i) Medical & Bio- Hazardous waste treatment system using ozone technology; and (ii) open conductor detection systems. For more information, please visit the company’s website at www.vikingenergygroup.com.

Forward-looking statements

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. All statements that are not historical facts contained in this press release are “forward-looking statements”, which statements may be identified by words such as “expects”, “plans”, “projects”, “will “, “may”, “anticipates”, “believes”, “should”, “intends”, “estimates” and other words of similar meaning. These forward-looking statements are based on current expectations, involve known and unknown risks, reliance on third parties for information, transactions that may be undone and other factors that could cause our results, performance or actual achievements, or developments in our industry. , differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties relating to fluctuating global economic conditions or economic conditions as they relate to the oil and gas industry, the COVID-19 pandemic 19, the performance of management, the actions of government regulators, vendors and suppliers, our cash flow and ability to obtain financing, competition, general economic conditions and other factors detailed in Viking’s filings with of the Securities and Exchange Commission. We intend that all forward-looking statements be subject to the disclaimer provisions.

Contact information

Investors and media:

Such. 281.404.4387 (ext. 3)

THE SOURCE: Viking Energy Group, Inc.

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