Petro-Victory Energy Corp.

Petro-Victory Energy is a company specialized in oil and gas production in onshore fields. It arrived in Brazil in 2016, to acquire concessions in auctions held by the National Agency of Petroleum, Natural Gas, and Biofuels (ANP). Petro-Victory is a publicly traded company that holds 41 concessions in the Rio Grande do Norte and Maranhão basins, located in Northeast Brazil. Out of the total assets, there are four (4) producing fields: one in the Barreirinhas Basin (Maranhão) and three (3) in the Potiguar Basin (Rio Grande do Norte). The company also holds 37 blocks in the Potiguar Basin. Out of the total assets, four (4) fields and two (2) blocks have already qualified reserves, valued at US$ 256 million.