Mr. Richard Gonzalez reports

PETRO-VICTORY ENERGY ANNOUNCES THE COMMENCEMENT OF THE FULLY-FUNDED DRILLING CAMPAIGN IN THE POTIGUAR BASIN

Petro-Victory Energy Corp. has commenced 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 financed drilling campaign under way in the Potiguar basin

The AND-5 well drilling campaign, located in the 100-per-cent-owned Andorinha field in Brazil's Potiguar basin, commenced on June 20, 2025. The well represents the first of two fully financed 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 24, 2024. The well targets the Acu and Alagamar formations at a targeted total depth of approximately 1,177 metres. The company looks forward to providing further updates upon completion of the well.

About Petro-Victory Energy Corp.

Petro-Victory Energy is an oil and gas company engaged in the acquisition, development and production of crude oil and natural gas in Brazil. The total portfolio under management as of the date of this filing includes 49 concession contracts with 276,755 acres, net to Petro-Victory plus an additional six concessions and 19,074 acres owned jointly with BlueOak in Capixaba Energia. Through disciplined investments in high-impact, low-risk assets, Petro-Victory is focused on delivering sustainable shareholder value. The company's common shares trade on the TSX Venture Exchange under the ticker symbol VRY.

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