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Petro-Victory Announces Partnership with Blue Oak Investments for Acquisitions in Brazil and Latin America
Jan 07, 2025•over 1 year ago
Contract Type
partnership
CalgaryEnergyOil And Gas
Description
Petro-Victory Energy Corp announces a strategic partnership with Blue Oak Investments to form a new Special Purpose Vehicle (SPV) aimed at acquiring Exploration and Production (E&P) 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.
Company Information
Company
Petro-Victory Energy Corp
Location
5070 MARK IV PARKWAY
Calgary, Alberta, Canada
About
Petro Victory Energy Corp. is engaged in the acquisition, development, and production of crude oil and natural gas resources in Brazil. The company holds 100% operating and working interests in thirty-eight (38) licenses totaling 257,604 acres in two (2) different producing basins in Brazil. Petro Victory generates accretive shareholder value through disciplined investments in high-impact, low-risk assets. The Company's Common Shares trade on the TSX Venture Exchange ("TSXV") under the ticker symbol VRY.
CalgaryEnergyOil And Gas