Mr. Richard Gonzalez reports

PETRO VICTORY ENERGY ANNOUNCES SUCCESSFUL SJ-12 WELL RESULTS

Petro-Victory Energy Corp. has released the results of 7-SJ-12DA-MA well (SJ-12) in the Sao Joao (SJ) field, Barreirinhas basin, Brazil. The results build on the company's previously announced commencement of drilling at SJ-12.

SJ-12 highlights:

• The well encountered approximately 280 metres (m) (918 feet) of gross interval containing hydrocarbon-bearing sections identified on wireline logs throughout five different prospective zones of Bom Gosto-Arpoador formation;
• The well encountered 72 net m (236 feet) of hydrocarbon pay (gas), verified by wireline logs, petrophysical work and supported by mud logging anomalies;
• An additional 45 m (147 feet) of hydrocarbon (oil) shows were identified, in the shallower Barro Duro-Tutoia formation and in the Bom Gosto-Arpoador formation;
• Additional testing program planned, with results to be announced separately

Commenting on the results, Richard F. Gonzalez, chief executive officer of Petro-Victory Energy, stated:

"The SJ-12 well significantly exceeds our expectations and marks a major milestone in the development of the Sao Joao field. We have confirmed a robust and active petroleum system, with clear stacked pay potential. These results validate our subsurface model and reinforce our confidence in the field's scale and long-term value creation."

SJ-12 drilling results and reservoir interpretation

The SJ-12 well was drilled to a total depth of 3,180 m measured depth, intersecting the Barro Duro-Tutoia and Bom Gosto-Arpoador formations. Based on integrated petrophysical interpretation and formation testing data, the company has identified five net pay zones in the Bom Gosto-Arpoador reflecting a stacked gas reservoir system, indicating 125 m of net reservoir with 72 m of net hydrocarbon pay across a gross interval of 280 m.

Wireline logging, pressure testing and fluid sampling

A comprehensive open-hole wireline evaluation program was completed, including resistivity, density, neutron and sonic logs, as well as RDT formation testing and mechanical sidewall coring tool (MSCT) sidewall cores:

• 21 formation pretests confirmed pressure continuity and favourable mobility;
• Gas samples recovered at measured depths of 2,682.4 m and 2,975.3 m;
• Gas samples exhibit low density under downhole conditions, consistent with gas-phase hydrocarbons.

Operational execution

SJ-12 was drilled using a state-of-the-art rack-and-pinion hydraulic drilling unit with a 551,000-pound hook load. The well was completed safely and on program.

Following logging operations, four one-half-inch production casing was run and cemented, and the drilling rig was released.

Field context and development relevance

The identification of stacked reservoirs and pressure-connected intervals reinforces the technical basis of the Sao Joao gas development concept previously disclosed by Petro-Victory in connection with its strategic partnership with Eneva.

A well testing campaign is planned to further evaluate the SJ-12 well, with results to be announced separately.

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 31 concession contracts with 210,583 acres, net to Petro-Victory, plus an additional four concessions and 11,413 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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