Petro-Victory Energy Corp. announced important additions to the company's management team as the company sharpens its focus on acquiring producing assets in Brazil. The board of directors announced that Mr. Patrick Yeghnazar has assumed the role of Chief Executive Officer and has joined the company's Board of Directors.

The Board of Directors of the Company are also announced that Mr. Richard Lane, former Glencore subsurface and operations geologist, has assumed the role of Chief Operating Officer. Richard Gonzalez, the founder and Chairman of Petro-Victory, will continue to serve the company in the newly created role of Executive Chairman of the Board, remaining involved in all aspects of leadership and operations.