Reuters logo
BRIEF-Petro-Victory announces buying of non-operated production interests in Brazil from ENGEPET
July 12, 2017 / 1:01 PM / 4 months ago

BRIEF-Petro-Victory announces buying of non-operated production interests in Brazil from ENGEPET

July 12 (Reuters) - Petro-Victory Energy Corp

* Petro-Victory Energy Corp - proposed acquisition of a portfolio of non-operated production interests in Brazil from Empresa de Engenharia de Petróleo Ltda (ENGEPET)

* Petro-Victory Energy - deal for an aggregate of US$1.9 million to complement current royalty interests in Paraguay

* Petro-Victory Energy- intends to complete private placement offering of common shares at price of $0.05 per share for gross proceeds of up to CAD$4 million

* Petro-Victory Energy - upon completion of acquisition, Petro-Victory will enter into a partnership with ENGEPET Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below