Mr. Richard Gonzalez reports

PETRO VICTORY ENERGY CORP. ANNOUNCES APPOINTMENT OF INDUSTRY EXPERT TO LEAD GEOLOGICAL AND GEOPHYSICAL SUBSURFACE TEAM

Petro-Victory Energy Corp. has appointed Gervasio Barzola as an adviser to the chief executive officer with responsibility for directing and leading the geological and geophysical (G&G) subsurface team. With over 34 years of industry experience, including 14 years specifically in unconventional reservoirs, Barzola brings a wealth of knowledge and expertise to Petro Victory.

Highlights:

22-year career and former VP at Pioneer Natural Resources ("Pioneer")

Led the development plan for 800,000 acres in the Permian Basin

Led the team that discovered, appraised, and defined the development plan

for Pioneer's Eagle Ford Play in South Texas

Advised YPF, Tecpetrol, Phoenix, CGC, and Pluspetrol on Neuquen Basin Vaca Muerta & Austral Basin Projects

Under the direction of Barzola, Pioneer drilled and completed over 1,000 wells in the Permian multi-reservoirs' shale. After his 22-year career at Pioneer, Barzola has advised several other prominent oil and gas companies, such as YPF, Tecpetrol, Phoenix, CGC, and Pluspetrol, on their successful Neuquen Basin Vaca Muerta projects. Barzola has vast experience in designing and monitoring subsurface technical initiatives, defining data acquisition strategies and leveraging critical information to de-risk reservoirs. His expertise and experience have allowed him to make valuable recommendations based on analogs in the USA (EagleFord/Permian) and to modernize shale production in Latin America.

Mr. Barzola is a highly accomplished geologist and co-author of multiple influential papers on unconventional resources and has gained recognition for his expertise and contributions to the energy industry. With an extensive background in shale plays, Mr. Barzola has been a key figure in analyzing and understanding the potential of unconventional resources.

Throughout his career, Mr. Barzola has co-authored several notable papers that have garnered attention within the industry. Some of his prominent works include "Assessing Well Performance in a Prolific Liquids-rich Shale Play - An Eagle Ford Case Study," published in the AAPG Eagle Ford Memoir, and "Eagle Ford Reservoir Characterization from Multisource Data Integration" for which he was recognized with the AAPG's John W. Shelton Search & Discovery Award in 2014. Additionally, Mr. Barzola chaired panels and served as a keynote speaker at the Unconventional Resources Technology Conference (URTEC), where he delivered presentations on topics such as well spacing in the Eagle Ford of South Texas and leveraging seismic data for reservoir characterization.

His contributions also extend to international events, where he has shared his knowledge and insights. Mr. Barzola presented at the SPE Buenos Aires in Argentina in 2016, discussing key learnings from the development of the Eagle Ford and Wolfcamp Shale plays. He also participated as a panel moderator and co-author at the SPE Argentina event in 2018, focusing on the completion of design and optimization programs in the Permian Basin.

In addition to his academic and professional achievements, Mr. Barzola has delivered numerous industry talks across the United States, Argentina, Colombia, and Mexico, demonstrating his commitment to sharing knowledge and advancing the understanding of unconventional resources.

Richard F. Gonzalez, Petro-Victory CEO, commented:

"Gervasio's appointment marks an important milestone for Petro Victory. With his extensive experience in the energy industry and his deep understanding of conventional and unconventional resources, we are confident that Gervasio will make immediate and significant contributions to Petro Victory. Gervasio has a proven track record in creating, leading, and executing development plans. We look forward to his guidance and insights as we realize the maximum value of our reserves and resources in Brazil."

About Petro-Victory Energy Corp.

Petro Victory Energy Corp. is engaged in the acquisition, development, and production of crude oil and natural gas resources in Brazil. The company holds 100% operating and working interests in thirty-eight (38) licenses totaling 257,604 acres in two (2) different producing basins in Brazil. Petro Victory generates accretive shareholder value through disciplined investments in high-impact, low-risk assets. The Company's Common Shares trade on the TSX Venture Exchange ("TSXV") under the ticker symbol VRY. Cautionary Note

We seek Safe Harbor.