Mr. Richard Gonzalez reports

PETRO VICTORY ENERGY CORP ANNOUNCES APPOINTMENT OF NEW CHIEF OPERATING OFFICER

Petro-Victory Energy Corp. has appointed Andre Naslausky as chief operating officer. With a distinguished international career in the oil and gas industry, Mr. Naslausky has consistently demonstrated his ability to drive profitable growth and operational excellence.

Highlights:

• Former vice-president of Schlumberger and managing director of Maha Energy Brazil;
• Extensive experience in operations, HSE (health, safety and environment), engineering and business development;
• Holds a master's in management for the oil and gas industry from Heriot-Watt University, Edinburgh.

Most recently, Mr. Naslausky served as the managing director of Maha Energy Brazil, an independent onshore oil and gas producer recently acquired by PetroReconcavo, where he successfully oversaw the company's concession areas in Brazil, including the Tie field in the Reconcavo basin and Tartaruga in Sergipe. In this role, he ensured the safe achievement of production targets, implemented effective oil and gas offtake strategies, and optimized capital expenditure to deliver the best operating expenditure/barrel. Additionally, Mr. Naslausky led efforts to enhance production operations and facilities, streamline exploration and production projects, and maximize productivity and capacity.

Prior to his tenure at Maha Energy, Mr. Naslausky served as a senior adviser at 3R Petroleum (3R Offshore), where he was responsible for production development and investment projects of substantial complexity and value. He played a pivotal role in structuring a new organization and project management office, as well as leading the technical evaluation and steering committee for the Albacora bid.

As operations director at DBO Energy, Mr. Naslausky partnered with 3R Petroleum in a joint venture focused on acquiring and operating mature offshore fields, driving efficiency, productivity and returns. His responsibilities included asset due diligence, scouting cost-efficiency opportunities, revenue modelling, bidding strategies and more.

Earlier in his career, Mr. Naslausky showcased his leadership capabilities as the vice-president of the drilling group for Schlumberger, overseeing drilling operations in Saudi Arabia and Bahrain. During his tenure, he managed a work force of 3,000 employees across various services, including major turnkey projects for Saudi Aramco.

Mr. Naslausky's educational background is equally impressive, with a mechanical aeronautical engineering degree from the Instituto Tecnologico de Aeronautica (ITA) in Brazil, complemented by a master's in management for the oil and gas industry from the Edinburgh Business School at Heriot-Watt University.

Petro-Victory Energy is confident that Mr. Naslausky's extensive expertise, strategic mindset and proven record will significantly contribute to the company's continuing success. His appointment reinforces Petro-Victory's commitment to cultivating a high-calibre executive team capable of driving growth and operational excellence.

Richard F. Gonzalez, Petro-Victory chief executive officer, commented:

"I am very pleased to announce Andre as our new chief operating officer. Andre has proven expertise in operations, HSE, engineering and business development in Brazil. I am confident that Andre's leadership and experience will make an immediate impact on our company. Our entire team looks forward to working with Andre as we continue to maximize value for our shareholders.

"We also express our gratitude to Richard Lane for his instrumental role in establishing Petro-Victory Energy as a leading onshore player in Brazil. Mr. Lane will remain with the company during the next 90 days to ensure a smooth transition and provide ongoing support."

Mr. Naslausky, Petro-Victory COO, commented:

"I am excited and honoured to be part of the Petro-Victory leadership team. Petro-Victory has an extensive and impressive portfolio of assets in Brazil. I am committed to working alongside Richard, the executive team and the talented individuals in Brazil to continue building on the company's momentum by significantly increasing production across the portfolio."

About Petro-Victory Energy Corp.

Petro-Victory Energy is a dynamic energy company focused on the acquisition, development and production of crude oil and natural gas resources in Brazil. With a strong presence in Brazil, Petro-Victory holds a 100-per-cent operating and working interest in 38 licences, covering an extensive land area of 257,604 acres across two producing basins.

Driven by a commitment to delivering value to shareholders, Petro-Victory strategically invests in high-impact, low-risk assets with the potential for significant growth and returns. The company's operations are guided by disciplined practices and a relentless pursuit of operational excellence.

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