Petro-Victory Energy Corp.

Petro-Victory Energy Corp. is an oil and gas company primarily engaged in the acquisition, development, and production of crude oil and natural gas assets in Brazil. The company's mission is to become a leading independent exploration and production (E&P) company in Latin America by acquiring underdeveloped assets and leveraging industry-proven innovations to create long-term shareholder value. Headquartered in Dallas, Texas, Petro-Victory Energy Corp. maintains a significant operational presence in Brazil.

The company's core activities revolve around its portfolio of crude oil and natural gas assets, predominantly located in Brazil's Potiguar and Barreirinhas basins. Petro-Victory manages a substantial portfolio of concession contracts and licenses, encompassing hundreds of thousands of acres, focusing on high-impact, low-risk assets to generate sustainable returns.

Richard F. Gonzalez serves as the CEO and Chairman of Petro-Victory Energy Corp. Recent developments include successful results from the SJ-12 well in the São João Field, Barreirinhas Basin, confirming significant stacked gas pay and a robust petroleum system. The company has also formed a strategic partnership with Eneva for the development of natural gas resources in the São João Field. A notable corporate event is the announced acquisition of Petro-Victory Energy Corp. by Azevedo & Travassos Energia S.A., which, as of July 2025, was set to make Petro-Victory a wholly-owned subsidiary, aiming to expand the combined entity's portfolio and growth strategy in the Brazilian energy sector. The company has also expressed plans for significant investments to increase oil production in onshore fields in Brazil, particularly in the Potiguar basin.