Petro-Victory Energy (TSE:VRY) has released an update.
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Petro-Victory Energy Corp. has signed an exclusivity agreement to potentially acquire 13 oil-producing fields in Brazil, enhancing its presence in the Potiguar Basin. This strategic move, in collaboration with Azevedo e Travassos Petróleo S.A., involves two key assets, the Porto Carão and Barrinha Clusters, with negotiations open for a 30-day period.
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