CALGARY, AB, July 6, 2022 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is delighted to announce that Mr. Timothy L. Dove has joined the Company in the capacity as advisor to the Board of Directors.
HighlightsPetro-Victory Energy Corp announces appointment of new Chief Financial Officer
CALGARY, AB, July 5, 2022 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is delighted to announce that Mr. Daniel Wray has joined the Company as its new Chief Financial Officer.
HighlightsThe Company is delighted to announce that Daniel Wray is joining as its new Chief Financial Officer. Mr. Wray is a licensed Certified Public Accountant and brings a wealth of … Continue Reading
Petro-Victory Energy Corp. Commences Multi-well Drilling Program
CALGARY, AB, June 22, 2022 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to announce it has begun its 2022 multi-well drilling program commencing on its Galp-06 well in the Andorinha Field located in the Potiguar Basin.
Highlights
Petro-Victory Energy Corp Secures Final Drilling Permit for its 2022 Work Program
CALGARY, AB, May 4, 2022 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to provide the market with an update on the status of its drilling permits for its 2022 work program on its 100% owned and operated Andorinha oil field.
The Company is delighted to have received the drilling permit from Brazil’s State Environmental Agency, Instituto de Desenvolvimento Sustentável Meio Ambiente (IDEMA) for the GALP-06 well.
On March 22nd, 2022, the Company announced it secured drilling permits for a total of six (6) development wells with one additional drilling permit, the GALP-06 … Continue Reading
Petro-Victory Energy Corp Announces 98% increase in Independently Certified 2P Reserves of 4.518 Million Barrels of Oil and PV10 Valuation of CAD$223,432,500 (USD$178,730,000)
CALGARY, AB, April 26, 2022 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is delighted to announce a 98% increase of its before tax value discounted at 10% (“PV10 Valuation”) net 2P reserves from USD$90.4 million in year-end 2020 to USD$178.7 million in year-end 2021.
As of December 31, 2021, total proved plus probable (“2P”) reserves of 4.5 million barrels of oil and a PV10 Valuation of CAD$223.4 million (USD$178.7 million) has been assigned to the company for the Andorinha, Sao Joao, Alto Alegre, and Trapia fields in Brazil. This represents a … Continue Reading
Petro-Victory Energy Corp Acquires 19 Oil Blocks Increasing Brazil Portfolio to 257,604 Acres (1,042 km2)
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.
HighlightsPetro-Victory Energy Corp announces ESG initiative and signs contract to build Solar Project at the Andorinha Oil Field
CALGARY, AB, April 11, 2022 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to announce the signing of a contract for the provision of solar power facilities at its Andorinha oil field, onshore Potiguar Basin.
HighlightsPetro-Victory Energy Corp Signs Drilling Rig Contract for 2022 Multi-Well Program
/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, April 4, 2022 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to announce the signing of a drilling and workover rig contract for its multi-well program, with mobilization and drilling of the first well of the 2022 program to commence in late Q2 2022.
HighlightsPetro-Victory Energy Corp Receives Development Drilling Permits and Advances Drilling Program in Brazil
/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 23, 2022 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to provide an operational update on the status of activity on its portfolio onshore Brazil. Following completion of the Company’s recent private placement, environmental drilling permits have been secured for a total of 6 development wells from Brazil’s Environmental Agency, Instituto Brasileiro do Meio Ambiente e dos Recursos Naturais Renováveis … Continue Reading
Petro-Victory Energy Corp Closes CAD$10.9 Million Private Placing
/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, Feb. 22, 2022 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to announce that the private placing of Units announced on February 10, 2022, as amended according to the announcement on February 16, 2022, (“Placing”) has now closed.
The Company issued 5,437,800 Units at a price of CAD$2.00, for gross âproceeds of CAD$10,875,600. The Units comprised: (i) one … Continue Reading
Petro-Victory Energy Corp. Announces Update to CAD $10.7 Million Private Placing
/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, Feb. 16, 2022 /CNW/ – Petro-Victory Energy Corp. (“Petro-Victory” or the “Company”) (TSXV: VRY) is pleased to announce that the private placement announced on February 10, 2022 (“Placing”) will be completed as a Unit private placement. The subscription receipt financing structure is no longer required as the Personal Information Form of the lead investor has been cleared by the TSX Venture Exchange Inc. (“TSXV”). This will greatly … Continue Reading
Petro-Victory Energy Corp Provides Corporate Update
/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, Jan. 3, 2022 /CNW/ – On December 28, 2021, Petro-Victory Energy Corp. (“Petro-Victory” or the ââ”Company”) (TSXV: VRY.V) granted certain Directors and Officers of the Company an aggregate of â730,000â âoptions to purchase Company Shares exercisable at a price of CAD$2.17 âfor a ââperiod of five (5) years.â
ââThe Company has determined that exemptions from the various requirements of TSX Venture Exchange ââPolicy 5.9 are available … Continue Reading
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