Petro-Victory Energy Ignites Growth with Strategic Private Placement and Ambitious Drilling Campaign

Petro-Victory Energy Corp. (TSX-V: VRY) (OTC: PTVIF) (FRA: 8P4) is charging forward with an invigorating corporate update, announcing a successful C$1,000,000 private placement alongside a robust drilling program set to unlock significant value. This strategic financial injection underscores investor confidence in the company’s promising portfolio and its ambitious plans for production growth.

The private placement, which saw the issuance of 1,666,667 units at a price of C$0.60 per unit, closed on September 25, 2025.

Each unit comprises one common share and one common share purchase warrant, exercisable at C$0.80 for 24 months post-closing. This capital infusion is earmarked to accelerate Petro-Victory’s operational objectives, particularly its high-impact drilling and workover campaigns across its Brazilian assets.

Highlighting its operational prowess, Petro-Victory is making substantial progress with its 2025 drilling program.

The highly anticipated drilling of the PN-03 well in the Potiguar Basin’s Poti-03 concession is nearing completion. This vertical development well, targeting the naturally fractured sandstone reservoirs of the Poti-03 field, is designed to extend the field's productive life and tap into new reserves.

Post-drilling, the company will focus on crucial casing and completion operations to bring the well online efficiently.

Simultaneously, the workover of the PN-01 well in the same concession is advancing rapidly. This initiative aims to optimize production from existing zones and potentially open new intervals, maximizing the field’s output.

The company anticipates completing both the PN-03 drilling and PN-01 workover by early Q4 2025, setting the stage for increased oil and gas production.

Petro-Victory’s commitment to sustainable growth extends beyond its current drilling. The company holds a 100% operating interest in 44 fields across the Potiguar Basin, a region renowned for its significant hydrocarbon potential.

With an independently certified 1P (proven) reserves of 2.6 million barrels of oil and 2P (proven and probable) reserves of 5.5 million barrels, Petro-Victory is strategically positioned for long-term success. The company’s focus on low-risk, high-impact opportunities within these proven basins allows for predictable production increases and robust returns on investment.

Richard F.

Gonzalez, CEO of Petro-Victory, expressed profound optimism regarding these developments. He emphasized that the successful private placement not only strengthens the company’s financial foundation but also validates its strategic direction. The ongoing drilling and workover activities, particularly at Poti-03, are critical steps towards achieving sustained production growth and enhancing shareholder value.

Petro-Victory remains dedicated to executing its exploration and development programs with precision, leveraging its strong operational capabilities and strategic asset base to deliver consistent positive results.