Petro-Victory enters mature Brazilian fields
Brazil Subject to the approval of Brazil’s oil and gas regulator, Petro-Victory will join operator Imetame Energia in the onshore areas, which are “highly prospective, low risk and oil prone.”
“These assets position us nicely in the producing Espírito Santo Basin and represent a significant step forward as we build the Petro-Victory portfolio,” CEO Richard F. Gonzalez said. “We are currently finalising our work programmes with Imetame and will update our investors and the market upon completion.”
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