CALGARY, AB, Nov. 14, 2023 /CNW/ – Petro-Victory Energy Corp. (TSXV: VRY), an upstream onshore international oil and gas company operating in Brazil, proudly announces the appointment of Christopher Ray, a seasoned energy executive and former partner at Natural Gas Partners (“NGP”) Energy Capital Management, to its Advisory Board.

With a distinguished career, Christopher Ray brings a wealth of expertise in energy investments, strategic portfolio management, and legal counsel. His extensive experience as a partner at NGP Energy Capital Management from 2003 to 2018 included serving on the firm’s Executive Committee and Investment Committee, also as General … Continue Reading

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CALGARY, AB, Oct. 31, 2023 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to announce it has increased the number of units (“Units”) sold under the private placement of units (the “Units”) announced on September 28, 2023, (the “Private Placement”) to 495,767 Units for gross proceeds of $1,070,000. The Company would also like to announce that the Private Placement has closed.

The … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS/

CALGARY, AB, Sept. 28, 2023 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to announce that it intends to complete a non-brokered private placement offering of 450,000 units of the Company (“Units”) at a price of CAD$3.00 per Unit for gross proceeds of up to CAD$1.3 million (the “Offering”). 

‎Each unit will consist of one common share in the capital of the Company (a … Continue Reading

CALGARY, AB , July 18, 2023 /CNW/ – Petro-Victory Energy Corp. (TSXV: VRY) is delighted to announce the appointment of Mr. Gervasio Barzola as an Advisor to the CEO with responsibility for directing and leading the Geological & Geophysical (G&G) Subsurface team. With over 34 years of industry experience, including 14 years specifically in unconventional reservoirs, Barzola brings a wealth of knowledge and expertise to Petro Victory.

Highlights:

22-year career and former VP at Pioneer Natural Resources (“Pioneer”)

Led the development plan for 800,000 acres in the Permian Basin

Led the team that discovered, appraised, and defined the

… Continue Reading

CALGARY, AB, July 11, 2023 /CNW/ – Petro-Victory Energy Corp. (TSXV: VRY) is delighted to announce the appointment of Mr. Andre Naslausky as Chief Operating Officer. With a distinguished international career in the oil and gas industry, Mr. Naslausky has consistently demonstrated his ability to drive profitable growth and operational excellence.

Highlights

Former Vice President of Schlumberger and Managing Director of Maha Energy Brazil

Extensive experience in Operations, HSE, Engineering, and Business Development

Holds a Master’s in Management for the Oil and Gas Industry from Heriot-Watt University, Edinburgh

Most recently, Mr. Naslausky served as the Managing Director of … Continue Reading

CALGARY, AB, June 30, 2023 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) conversion of shares from common shares (“Common Shares”) into restricted voting shares of the Company (“Restricted Voting Shares”). 

Conversion of Shares

In order to comply with Foreign Private Issuer (“FPI”) status, certain shareholders of the Company have elected to convert 3,840,091 Common Shares to Restricted Voting Shares. The Restricted Voting Shares are convertible on a 1:1 ratio into Common Shares, at the holder’s option.

As a result of the conversion, the respective shareholders will now hold the following positions:

Global Energy Transition Fund … Continue Reading

DALLAS, June 1, 2023 /CNW/ – Petro Victory Energy (TSXV: VRY) is pleased to announce the appointment of Thomas Christian Cooper as a new member of its Board of Directors. Mr. Cooper’s extensive experience and expertise in the energy industry, particularly in energy and environmental infrastructure investments, make him a valuable addition to the board.

Mr. Cooper is the Founder and Managing Partner of Owl Investments, where he has successfully overseen projects and identified valuable opportunities in the energy sector. He currently serves as Managing Principal of Nest Sustainable Waste, LLC, a platform dedicated to investing in energy and … Continue Reading

CALGARY, AB, May 2, 2023 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is delighted to announce a 43% increase of its before-tax value discounted at 10% (“PV10 Valuation”) net proved plus probable reserves (“2P”) from USD$178.7 million in year-end 2021 proforma reserve report to USD$255.7 million in year-end 20221.

As of December 31, 2022, total 2P reserves of 6.939 million barrels of oil equivalent and a PV10 Valuation of CAD$346.3 million (USD$255.7 million) has been assigned to the Company for the Andorinha, Sao Joao, Alto Alegre, Trapia, POT-T-281, and POT-T-391 fields in … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS/

CALGARY, AB, March 28, 2023 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to announce that, further to the press release of the Company dated March 28, 2023, the private placement of units (the “Units”) announced on March 16, 2023, as amended according to the announcement on March 21, 2023, (the “Private Placement”) has closed for an additional USD$50,000. 

The Company … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS/

CALGARY, AB, March 28, 2023 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to announce that the private placement of units (the “Units”) announced on March 16, 2023, as amended according to the announcement on March 21, 2023, (the “Private Placement”) has now closed. 

The Company issued 1,828,960 Units at a price of CAD$3.00, for gross ‎proceeds of CAD$5,486,880 (US$3,976,000). The … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS/

CALGARY, AB, March 21, 2023 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to announce that, further to its News Release dated March 16, 2023, it has increased the size of its non-brokered private placement of units (“Units”) from up to US$2.7 million to US$4 million (the “Offering”).‎ ‎

‎Each Unit will be priced at CAD$3.00 per Unit and will consist of one common … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS/

CALGARY, AB, March 16, 2023 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to announce that it intends to complete a non-brokered private placement offering of 1,249,360 units of the Company (“Units”) at a price of CAD$3.00 per Unit for gross proceeds of up to CAD$3.748M (the “Offering”). 

‎Each unit will consist of one common share in the capital of the Company (a “Common Share”) … Continue Reading