Business
Petro-Victory Energy Announces the Commencement of the Fully-Funded Drilling Campaign in the Potiguar Basin
Petro-Victory Energy Corp. (TSXV: VRY) ("Petro-Victory" or the "Company"), an oil and gas exploration and production company focused on onshore Brazil, is pleased to announce the commencement of the drilling campaign of the AND-5 well at the Andorinha Field located in the Potiguar Basin, Rio Grande do Norte, Brazil.
About this update from Azevedo & Travassos Sa
[{"type":"text","content":"DALLAS, June 23, 2025 /CNW/ - Petro-Victory Energy Corp. (TSXV: VRY) ("Petro-Victory" or the "Company"), an oil and gas exploration and production company focused on onshore Brazil, is pleased to announce the commencement of the drilling campaign of the AND-5 well at the Andorinha Field located in the Potiguar Basin, Rio Grande do Norte, Brazil.","length":372,"tagName":"p"},{"type":"image","alt":"Petro-Victory Energy Corp. Logo (CNW Group/Petro-Victory Energy Corp.)","displaySize":"","headline":null,"caption":"Petro-Victory Energy Corp. Logo (CNW Group/Petro-Victory Energy Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":328,"url":"https://media.zenfs.com/en/cnwgroup.com/4488d483221dfac504cb6e49d6804beb"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/JF.LJ1ig8pmz8BAuNKRqkw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTU3ODtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/4488d483221dfac504cb6e49d6804beb","width":400,"height":328}},"href":"https://mma.prnewswire.com/media/2715977/Petro_Victory_Energy_Corp__Petro_Victory_Energy_Announces_the_Co.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"AND-5 Well: Fully-Funded Drilling Campaign Underway in the Potiguar Basin","length":73,"tagName":"p"},{"type":"text","content":"The AND-5 well drilling campaign, located in the 100% owned Andorinha Field in Brazil's Potiguar Basin, commenced on June 20, 2025. The well represents the first of two fully-funded drilling programs in the Andorinha field under Petro-Victory's strategic partnership with Azevedo & Travassos Energia ("ATE") previously announced in a press release on June 24th, 2024. The well targets the Açu and Alagamar formations at a targeted total depth of approximately 1,177 meters. The Company looks forward to providing further updates upon completion of the well.","length":579,"tagName":"p"},{"type":"text","content":"About Petro-Victory Energy Corp.","length":32,"tagName":"p"},{"type":"text","content":"Petro-Victory Energy Corp. is an oil and gas company engaged in the acquisition, development, and production of crude oil and natural gas in Brazil. The total portfolio under management as of the date of this filing includes 49 concession contracts with 276,755 acres, net to Petro-Victory plus an additional 6 concessions and...