Petro-Victory Energy Corp.
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- Petro-Victory Energy Corp. (TSXV: VRY; OTCQB: PTVRF) is a publicly traded oil and gas company engaged in the acquisition, development, and production of crude oil and natural gas resources onshore in Brazil. The company holds working interests in 49 concession contracts encompassing 276,755 net acres, plus an additional 6 concessions and 19,074 acres owned jointly with BlueOak Investments in Capixaba Energia; its portfolio spans 38 concessions, including 34 blocks and 3 producing fields in the Potiguar Basin, as well as 1 field in the Barreirinhas Basin. Operations focus on high-impact, low-risk assets in key producing basins such as Potiguar and Barreirinhas, targeting substantial free cash flow generation through disciplined drilling, workovers, and seismic programs; current production from joint ventures averages approximately 400 barrels of oil equivalent per day (88% oil). Founded in 2006 and headquartered in Dallas, Texas, with key operational offices in Aracruz, Espirito Santo, Brazil, Petro-Victory serves domestic energy markets while leveraging advanced subsurface analysis, 3D seismic reprocessing over 1,500 km², and geological optimization to maximize recovery factors. Recent strategic developments include the April 2025 closing of the Capixaba Energia acquisition through a partnership with BlueOak Investments, establishing a special purpose vehicle for scalable growth in Brazil and Latin America; a development agreement with Eneva for fully funded wells and seismic in São João Field; a joint venture with Azevedo & Travassos (ATE) for fully funded drilling of two development wells at Andorinha Field plus buy-in options; and the acquisition of 13 operational oil fields from Brava Energia S.A., adding 38,301 acres, 125 million barrels of oil in place, and 50% reserve growth in the Potiguar Basin. These partnerships and deals, announced in 2025, position the company for accelerated production scaling, with fully funded 2025 workover campaigns in Espirito Santo and Potiguar Basins, alongside a US$200 million investment plan through 2030.
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