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Brazil: Petro-Victory Energy Corp announces commencement of the fully-funded drilling campaign in the Potiguar Basin


24 Jun 2025

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Petro-Victory Energy, an oil and gas exploration and production company focused on onshore Brazil, has announced the commencement of the drilling campaign of the AND-5 well at the Andorinha Field located in the Potiguar Basin, Rio Grande do Norte, Brazil.

AND-5 Well: Fully-Funded Drilling Campaign Underway in the Potiguar Basin

The AND-5 well drilling campaign, located in the 100% owned Andorinha Field in Brazil’s Potiguar Basin, commenced on June 20, 2025. The well represents the first of two fully-funded drilling programs in the Andorinha field under Petro-Victory’s strategic partnership with Azevedo & Travassos Energia ('ATE') previously announced in a press release on June 24th, 2024. The well targets the Açu and Alagamar formations at a targeted total depth of approximately 1,177 meters. The Company looks forward to providing further updates upon completion of the well.

Original announcement link

Source: Petro-Victory Energy





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