Petro-Victory Energy Corp. is a publicly traded oil and gas company that is engaged in the acquisition and development of crude oil and natural gas resources in Brazil. Petro-Victory holds working interests in thirty-eight (38) licenses totaling 257,604 acres in two (2) oil producing basins in Brazil. Petro-Victory’s strategy is to produce substantial returns to our shareholders by building an on-shore upstream asset acquisition and development company focused on disciplined investment in high potential, low-risk assets.
Petro-Victory Energy Corp. was incorporated under the BVI Business Companies Act, 2004 (British Virgin Islands) on May 20, 2014. The British Virgin Islands were selected for the Company’s domicile based on favorable business laws, tax laws, and relationships with Canada, the United States and most Latin American countries.
Initiating our Brazilian operations in 2017, Petro-Victory has acquired a well-rounded portfolio of under-developed on-shore assets across four proven basins. Our business strategy is simple:
Acquire assets that are under-valued
Assess, analyze, and update the geological and geophysical analysis
Develop independent auditable reserve reports
Develop and execute drilling and work programs that maximize near and long-term production
Methodically grow our low-cost and high margin production
Methodically grow our proven reserves
Convert under-developed assets into high-value and high-margin production