Petro-Victory Energy Corp.

Petro-Victory Energy Corp. is pleased to announce a strategic partnership with Blue Oak Investments and the signing of a term-sheet to form a new Special Purpose Vehicle aimed at acquiring Exploration and Production assets and companies in Brazil and Latin America. Under this partnership, Blue Oak will provide the capital, while Petro-Victory will operate and develop the acquired assets. About Blue Oak Blue Oak is a [...]

Petro-Victory Energy Corp. is pleased to announce the signature of an exclusivity agreement with Brava Energia S.A. for the potential acquisition of 13 oil-producing fields in Rio Grande do Norte, Potiguar Basin. Petro-Victory together with Azevedo e Travassos Petróleo S.A. informs the market that, on December 17, 2024, the Company has jointly signed an exclusivity agreement with Brava for the potential acquisition of two [...]

Petro-Victory Energy Corp. is pleased to provide a corporate update which includes the extension of the exercise period for common share purchase warrants issued on October 31, 2023, all of which are exercisable at CAD $4.00 per common share , the grant of 871,130 options , and the closing of the September 2024 Short-term debentures. October 2024 Warrant Extension The Company is extending the expiry date of the Warrants [...]

Petro-Victory Energy Corp. announces that it has borrowed an aggregate US$2.8 million and issued unsecured promissory notes to 579 Max Ltd., Chris Cooper, and an arm's length third party . Each Loan bears interest at an annual rate of 14% per annum and each Lender was issued bonus warrants exercisable at CAD$1.25 as set out below. Lender Loan Amount Maturity No. of Bonus Warrants Expiry 579 Max, Ltd. 1,100,000 Feb 28 [...]

Petro-Victory Energy Corp. is pleased to announce that it has entered into a Memorandum of Understanding with Eneva for the development of Petro-Victory's non-associated gas resources located in the São João field, at the Barreirinhas basin, in the state of Maranhão . Highlights The São João Field non-associated gas reservoirs were discovered and tested by a previous operator and such resources are described in the GLJ [...]

Petro-Victory Energy Corp. provides an operations update to the shareholders. 2024 Advancement Highlights: São João Field, 3-well, workover campaign was completed in April 2024, total oil sales volumes for the three months ended June 30, 2024 was 5,814 bbls up 99% from prior quarter. Best Estimate - Development Pending Risked Contingent Gas Resources located at the São João Field added 50.1 billion cubic feet of gas or [...]

August 2024 Warrant Issued and extension of the principal payment of loan Petro-Victory Energy Corp. is pleased to announce that the Company has issued an additional 100,000 bonus warrants to PPF 13, LLC in consideration for the forbearance and extension of the principal payment on a loan from the Lender to the Company. The Bonus Warrants are exercisable at CAD$2.03 on or before August 25, 2026. The issuance of the Bonus [...]

Petro-Victory Energy Corp. is pleased to announce that it has entered into a definitive option agreement and assignment of interest with Azevedo Travassos Petroleo S/A Azevedo & Travassos Petroleo S/A is a Brazilian company engaged in the exploration and production of crude oil and natural gas. ATP started its operations in the Potiguar Basin in 1984, becoming the first Brazilian private company to explore oil and gas in [...]

Petro-Victory Energy Corp. is pleased to announce they have received shareholder approval at the Company's annual general and special meeting of shareholders held on June 20, 2024 for their fixed stock option plan , subject to final approval by the TSX Venture Exchange . The Stock Option Plan is the same as the previous stock ‎option plan, however the Company has increased the number of common shares available for [...]

Petro-Victory Energy Corp. announces that Fifteen Talents LP has acquired ownership of 1,460,172 common shares in the capital of the Company via conversion of all of their restricted shares in the capital of the Company . A copy of the early warning report for Fifteen Talents LP will be available under Petro-Victory's profile on ‎SEDAR+.‎ Immediately prior to this purchase, Fifteen Talents LP owned and exercised [...]