Petro-Victory Energy Corp V.VRY

Alternate Symbol(s): PTVRF

Energy Oil & Gas E&P

Petro-Victory Energy Corp. is an oil and gas company, which is engaged in the acquisition and development of crude oil and natural gas resources in Brazil. The Company holds working interests in 38 licenses on approximately 257,604 acres in two oil-producing basins in Brazil, namely Potiguar Basin and Barreirinhas Basin. The Potiguar Basin is located in the eastern portion of the northeast region of Brazil extending through the states of Rio Grande do Norte and Ceara. The onshore sedimentary area of the basin covers an area of approximately 7.5 million acres and the basin extends offshore from shallow water to ultra-deep water. The Barreirinhas Basin is located on the Brazilian equatorial margin on the coast of the state of Maranhao and covers an area of approximately 2.5 million acres onshore and extends offshore from shallow water to ultra-deepwater.

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Petro-Victory Energy Corp

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Post by Danoson Apr 14, 2022 1:17pm

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CALGARY, AB, April 14, 2022 /CNW/ - Petro-Victory Energy Corp. ("Petro-Victory" or the "Company") (TSXV: VRY) is delighted to announce that it has secured 19 new oil and gas blocks in the Company's core operating area, the Potiguar Basin onshore Brazil. This acquisition cements Petro-Victory's status as one of the largest landholders in the highly petroliferous basin.

https://www.newswire.ca/en/releases/archive/April2022/14/c8624.html

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