Petro-Victory Energy

Name

Petro-Victory Energy

Legal name

Petro-Victory Energy Corp.

Website

https://petrovictoryenergy.com

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Others

Revenue model

1. Oil and Gas Production: Revenue generated from the production and sale of crude oil and natural gas from producing fields in Brazil, including the Potigar Basin (Andorinha, Alto Alegre, Trapiá fields), Barreirinhas Basin (São João field), and Capixaba Energia assets in Espírito Santo Basin.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Petro-Victory Energy Corp. is an oil and gas exploration and production company that acquires, develops, and produces crude oil and natural gas resources in Brazil. The company operates across two producing basins — the Barreirinhas Basin (Maranhão) and the Potigar Basin (Rio Grande do Norte) — with a portfolio of 31 concession contracts covering 210,583 acres net to Petro-Victory, plus additional joint holdings in the Espírito Santo Basin through Capixaba Energia.

Product overview

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 company operates a diversified portfolio of onshore assets across two primary basins: the Barreirinhas Basin in Maranhão (featuring the São João Field with non-associated gas resources) and the Potigar Basin in Rio Grande do Norte (featuring Andorinha, Alto Alegre, and Trapiá fields). Following the April 2025 acquisition of Capixaba Energia in partnership with BlueOak Investments, the company added assets in the Espírito Santo Basin. The total portfolio includes 38 concessions covering approximately 257,604 acres. Petro-Victory holds 100% working interest in most assets and operates all fields directly.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil and Gas Exploration and Production Core upstream operations including the acquisition, development, and production of crude oil and natural gas resources in Brazil across the Barreirinhas and Potigar basins, with 100% working interest in most assets.
• São João Field A 100% owned and operated oil and gas field in the Barreirinhas Basin, Maranhão, Brazil, containing non-associated gas resources of 50.1 billion cubic feet (development pending contingent resources) and 0.4 million barrels of 2P oil reserves.
• Potigar Basin Assets 100% owned and operated portfolio in the Potigar Basin, Rio Grande do Norte, comprising 34 blocks and three producing fields (Andorinha, Alto Alegre, Trapiá), with 4.9 MMBOE of 2P reserves and NPV10 valuation of US$185.2 million.
• Capixaba Energia Assets Oil and gas assets in Brazil's Espírito Santo Basin acquired jointly with BlueOak Investments, comprising four producing oil fields and two exploration blocks. In its first year of operations the asset delivered a 128% increase in oil production, 471% increase in gas production, and R$17 million in free cash flow.
• AND-5 Well Drilling Program First of two fully-funded drilling programs targeting the Açu and Alagamar formations at the Andorinha Field in the Potigar Basin at approximately 1,177 meters total depth, executed under partnership with Azevedo & Travassos Energia.

Quantifiable outcome

• 128% increase in oil production at Capixaba Energia in first year of operations
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Azevedo & Travassos Energia S.A. (ATE)coreStrategic or Co-development Partner · 26 March 2026Definitive association agreement where Petro-Victory contributes certain assets in the Potigar Basin (Andorinha field concession, six exploration blocks, and 50% Brava Option) to a newly formed subsidiary to be incorporated into ATE. In exchange, Petro-Victory receives a 10.25% ownership stake in ATE with implied total consideration of approximately USD $5.6 million. Transaction expected to close Q2 2026 pending regulatory approvals from Brazil's ANP and TSX Venture Exchange. The transaction will also extinguish approximately USD $2.2 million in accrued contingent liabilities.
• Azevedo & Travassos EnergiacoreStrategic or Co-development Partner · 20 June 2025Strategic partnership for drilling programs in the Potigar Basin. First of two fully-funded drilling programs targeting the Açu and Alagamar formations at approximately 1,177 meters total depth in the Andorinha Field. Partnership enables Petro-Victory to access capital while providing operational expertise.
• BlueOak InvestmentscoreStrategic or Co-development Partner · 7 January 2025Strategic partnership with BlueOak Investments to form a Special Purpose Vehicle (SPV) for acquiring E&P assets and companies in Brazil and Latin America. BlueOak provides capital while Petro-Victory operates and develops the acquired assets. The partnership leverages complementary strengths with BlueOak's financial market expertise and Petro-Victory's operational capabilities in Brazil's onshore oil and gas sector.

Scale indicators16 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Alvopetro Energy: Small-cap upstream oil and gas producer operating in Brazil's Recôncavo Basin (Bahia). Highly comparable to Petro-Victory in size, TSXV listing, Brazil-focused onshore E&P model, and gas-weighted asset mix.
• Gran Tierra Energy: Latin American-focused independent E&P with operations in Colombia and Ecuador. Comparable as a small-to-mid cap public upstream operator targeting mature onshore reserves in emerging-market jurisdictions.
• Frontera Energy: Latin American-focused upstream E&P with operations in Colombia, Ecuador, and Guyana. Comparable as a publicly listed independent operator applying disciplined capital allocation to mature producing basins in the region.
• GeoPark Limited: Independent upstream operator with assets primarily in Colombia, Argentina, Chile, and Brazil. Comparable for its Latin American onshore focus and small-to-mid cap public profile.
• PetroReconcavo: Brazilian onshore E&P company focused on the Recôncavo, Potiguar, and Sergipe-Alagoas basins. Highly comparable as a Brazilian-listed independent operator pursuing mature onshore field optimization.
• 3R Petroleum: Brazilian onshore and shallow-water E&P focused on revitalizing mature fields through workover and redevelopment programs. Directly comparable business model to Petro-Victory's mature-asset optimization approach.

Regional players

• Enauta Participações: Brazilian upstream operator with offshore (Atlanta/Abalone) and onshore assets. Comparable as a Brazilian-focused E&P, though more offshore-weighted than Petro-Victory's onshore focus.

Emerging players

• Valeura Energy: Small-cap upstream operator with assets in Turkey and Thailand pursuing unconventional gas development. Comparable in scale and public-company structure, though geographically distinct.
• Pantheon Resources: Small-cap AIM/OTC-listed E&P pursuing development-stage onshore assets in Alaska. Comparable in market cap and pre-cash-flow profile, though with different geographic exposure.

Others

• Cobalt International Energy (defunct): Former Gulf of Mexico-focused independent E&P; serves as a cautionary reference point for capital-intensive, debt-funded E&P companies that failed to scale. Adjacent reference case for the small-cap E&P business model rather than an active peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/petrovictoryenergy
• LinkedInlinkedin.com/company/petro-victory-energy
• Xx.com/petro_victory
• Instagraminstagram.com/petrovictoryenergy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 records

Funding overview

Funding rounds16 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petro-Victory Energy