Petro-Victory Energy Corp. Announces Termination of Agreement with Eneva
Date: October 7, 2026
Location: Dallas
Petro-Victory Energy Corp. (TSX-V: VRY) has announced the mutual termination of its agreement with Eneva following the fulfillment of conditions in their Memorandum of Understanding. Despite ending this agreement, the two companies remain engaged in amicable discussions about potential future opportunities.
In light of these developments, Petro-Victory continues to maintain a 100% working interest in the São João field, which includes full rights for further development and the freedom to explore alternative strategic partnerships.
About Petro-Victory Energy Corp.
Petro-Victory Energy Corp. is focused on the acquisition, development, and production of crude oil and natural gas in Brazil. The company currently manages 31 concession contracts covering 210,583 acres, with additional interests in 4 concessions and 11,413 acres jointly owned with BlueOak in Capixaba Energia. Through disciplined investments, Petro-Victory aims to deliver sustainable shareholder value; its common shares are traded on TSXV under the ticker symbol VRY.
Cautionary Note
Neither the TSXV nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. This announcement does not constitute an offer or solicitation of securities in any jurisdiction where it would be unlawful.
Advisory Regarding Forward-Looking Statements
This press release may contain forward-looking statements regarding Petro-Victory’s plans and operations. These statements are subject to uncertainties and risks that could cause actual results to differ. Petro-Victory does not undertake to update these statements unless required by securities law.
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