Petro-Victory Energy Corp Class A
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in mil. unless spec.Company Description
- CEO
- Richard F. Gonzalez
- Full Time Employees
- 45
- Sector
- Energy minerals
- Industry
- Oil & gas production
- Address
- 5960 Berkshire Lane Dallas TX United States
- IPO Date
- Jul 24, 2014
- Website
- petrovictoryenergy.com
- Similar Companies
- Business
- Petro-Victory Energy Corp. is an oil and natural gas exploration and production company engaged in the acquisition, development and production of crude oil, natural gas and related hydrocarbons in Brazil. The Company operates primarily through its Brazilian subsidiaries and focuses on onshore assets in the Potiguar Basin in Rio Grande do Norte, the Barreirinhas Basin in Maranhão and the Espírito Santo Basin. Its activities include the acquisition of producing and development-stage oil and gas fields and concession interests; geological and geophysical evaluation; exploration and development drilling; well workovers, completions and production optimization; crude-oil production and sales; natural-gas and natural-gas-liquids development; and the operation and management of oil and gas concessions, wells, production facilities and related infrastructure. Petro-Victory’s portfolio comprises 31 concession contracts totaling 210,583 net acres, together with four concessions totaling 11,413 acres held jointly with BlueOak in Capixaba Energia. The Company markets production to Brazilian energy customers and pursues development of its São João field’s non-associated gas resources, including an initial development arrangement with Eneva. Petro-Victory completed its partnership with BlueOak Investments and the acquisition of Capixaba Energia in April 2025, expanding its onshore Brazilian position; during its first year of Capixaba operations, it reported more than doubling oil production, improved operating margins and positive free-cash-flow generation. The Company is also advancing a fully funded drilling campaign in the Potiguar Basin and has announced an investment plan of approximately R$1 billion through 2030 to increase onshore Brazilian oil production. Petro-Victory Energy Corp. was founded in 2006, is incorporated in the British Virgin Islands, maintains headquarters in Dallas, Texas, and trades on the TSX Venture Exchange under the symbol VRY.
Company News
Petro Victory Energy Announces Successful SJ‑12 Well Results
Petro-Victory Energy Corp Begins Drilling SJ-12 Well at São João Field, Brazil
Petro-Victory Energy completes drilling of AND-5 well in Brazil's Andorinha Field
Petro-Victory Energy provides update on the conclusion of drilling the AND-5 well in the 100% owned Andorinha field, onshore, Brasil
PETRO-VICTORY ENERGY CORP. AND AZEVEDO & TRAVASSOS ENERGIA S.A.
Petro-Victory Energy begins drilling at AND-5 well in Brazil's Potiguar Basin
Petro-Victory Energy Announces the Commencement of the Fully-Funded Drilling Campaign in the Potiguar Basin
Petro-Victory Energy and BlueOak Investments Complete Acquisition of Capixaba Energia, Strengthening Brazil Onshore Position
Petro-Victory Energy Highlights Transformational Partnerships and Acquisitions in Brazil
Petro-Victory Energy and BlueOak Investments Acquire Capixaba Energia, Expanding Brazil Onshore Operations
Petro-Victory Energy inks agreement to acquire 13 Brazilian oil fields
Petro-Victory Energy shares corporate updates
Petro-Victory Energy inks new deal to advance gas commercialization at Sao Joao field
Petro-Victory Energy Corp. signs Memorandum of Understanding with Eneva for the development of non-associated gas resources in the São João field located in the state of Maranhão, Brazil
Petro-Victory Energy shows positive impact of its well-workovers
PETRO-VICTORY ENERGY CORP. PROVIDES OPERATIONS UPDATE
Petro-Victory Energy Corp agrees to new partnership to develop Andorinha field
Petro-Victory Energy Corp agrees new partnership to develop Andorinha field
Petro-Victory Energy Corp. announces partnership with Azevedo Travassos Petroleo S/A to develop Andorinha field and Block POT-T- 281 in Brazil´s Potiguar basin
Petro-Victory Energy reveals robust 2023 reserves evaluation