17:13:38 EDT Fri 26 Apr 2024
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Petro-Victory Energy Corp (2)
Symbol VRY
Shares Issued 12,581,428
Close 2023-06-01 C$ 2.60
Market Cap C$ 32,711,713
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Petro-Victory appoints Cooper as director

2023-06-01 14:47 ET - News Release

Mr. Richard Gonzalez reports

PETRO VICTORY ENERGY APPOINTS THOMAS CHRISTIAN COOPER TO ITS BOARD OF DIRECTORS

Petro Victory Energy Corp. has appointed Thomas Christian Cooper as a new member of its board of directors. Mr. Cooper's extensive experience and expertise in the energy industry, particularly in energy and environmental infrastructure investments, make him a valuable addition to the board.

Mr. Cooper is the founder and managing partner of Owl Investments, where he has successfully overseen projects and identified valuable opportunities in the energy sector. He currently serves as managing principal of Nest Sustainable Waste LLC, a platform dedicated to investing in energy and environmental infrastructure, primarily focusing on the responsible handling of conventional and clean energy waste streams. Nest recently acquired the Northern Delaware Basin Landfill in New Mexico, the largest and most state-of-the-art oil and gas waste processing facility in the United States.

Before his current role, Mr. Cooper was chief executive officer at Oilfield Water Logistics LLC (OWL), a pioneering company in the water mid-stream space that provided critical infrastructure solutions to the energy industry. Under his leadership, OWL achieved remarkable success, culminating in its acquisition by an affiliate of Instar Asset Management and subsequent sale to Pilot Water Solutions, a Berkshire Hathaway company.

Richard F. Gonzalez, chief executive officer of Petro Victory Energy, expressed his enthusiasm regarding Mr. Cooper joining the board, stating: "We are delighted to welcome Chris Cooper as a new board member of Petro Victory Energy. His extensive knowledge of the energy industry, coupled with his remarkable achievements in energy transition and infrastructure investments, perfectly aligns with our company's strategic goals. Mr. Cooper's invaluable insights and expertise will undoubtedly strengthen our ability to drive sustainable growth and enhance shareholder value."

Throughout his career, Mr. Cooper has demonstrated exceptional leadership and entrepreneurial acumen. He founded and served as Oilfield Water Lines' chief executive officer, successfully selling to NGL Energy Partners in 2013. Additionally, he co-founded Eastern Partners, a real estate investment firm. Mr. Cooper began his investment career at Olympus Real Estate Partners, an affiliate fund of Dallas-based private equity firm Hicks Muse and worked as a consultant at Ernst & Young.

Mr. Cooper holds a BBA in finance and BA in Political Science from Southern Methodist University, and he earned an MBA from The University of Texas at Austin. His deep commitment to the energy industry is evident through his involvement as a member of the advisory council for the McCombs School of Business master of science in finance program and the McCombs Energy Initiative. He has also served on the North Texas Advisory Board of the Trust for Public Land.

With Mr. Cooper's appointment, Petro Victory Energy gains an exceptional industry leader who will contribute significantly to the company's strategic vision and growth trajectory. His extensive expertise and insights will be instrumental in driving the company's mission of delivering energy security and generating long-term value for shareholders.

About Petro-Victory Energy Corp.

Petro-Victory Energy is engaged in the acquisition, development, and production of crude oil and natural gas resources in Brazil. The company holds 100-per-cent operating and working interests in 38 licences, totalling 257,604 acres, in two different producing basins in Brazil. Petro-Victory generates accretive shareholder value through disciplined investments in high-impact, low-risk assets.

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