Petro-Victory Energy and BlueOak Investments Complete Acquisition of Capixaba Energia, Strengthening Brazil Onshore Position

  • Built to Win in Volatile Markets: Strategic Alliance Drives Scalable Growth Opportunities DALLAS , April 29, 2025 /PRNewswire/ - Petro-Victory Energy Corp. (TSXV: VRY) ("Petro-Victory" or the "Company"), an oil and gas exploration and production company focused on onshore Brazil, today announced the successful closing of its previously announced acquisition of Capixaba Energia LTDA ("Capixaba Energia"), a producing oil and gas asset, generating substantial free cash flow, in the Espírito Santo Basin. The acquisition was completed in partnership with BlueOak Investments ("BlueOak"), Petro-Victory's strategic financial partner.