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Home Trading News Commodities

Petro-Victory begins drilling campaign in Potiguar basin, Brazil

June 24, 2025
in Commodities
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Petro-Victory begins drilling campaign in Potiguar basin, Brazil
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Petro-Victory Power Corp., an oil and fuel E&P firm centered on onshore Brazil, has commenced its drilling marketing campaign of the AND-5 effectively on the Andorinha Area situated within the Potiguar basin, Rio Grande do Norte, Brazil.

The AND-5 effectively drilling marketing campaign, situated within the 100% owned Andorinha Area in Brazil’s Potiguar Basin, commenced on June 20, 2025. The effectively represents the primary of two fully-funded drilling applications within the Andorinha area underneath Petro-Victory’s strategic partnership with Azevedo & Travassos Energia (ATE) beforehand introduced in a press launch on June twenty fourth, 2024.

The effectively targets the Açu and Alagamar formations at a focused whole depth of roughly 1,177 meters. Petro-Victory said plans to offer additional updates upon completion of the effectively. 

About Petro-Victory Power Corp.

Petro-Victory Power Corp. is an oil and fuel firm engaged within the acquisition, improvement, and manufacturing of crude oil and pure fuel in Brazil. The whole portfolio underneath administration as of the date of this submitting consists of 49 concession contracts with 276,755 acres, internet to Petro-Victory plus an extra 6 concessions and 19,074 acres owned collectively with BlueOak in Capixaba Energia.



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Tags: basinbeginsBrazilcampaigndrillingPetroVictoryPotiguar
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