Petro-Victory to Be Acquired by Brazil's Azevedo & Travassos Energia

Petro-Victory to Be Acquired by Brazil's Azevedo & Travassos Energia

The transaction is intended to combine the businesses and assets of the two companies, resulting in Petro-Victory becoming a wholly owned subsidiary of ATE...

Petro-Victory concludes drilling AND-5 well, onshore Brazil - Drilling Contractor

Petro-Victory Energy concluded drilling operations for the AND-5 well, in partnership with Azevedo & Travassos Energia (ATE), located in the Andorinha Field, Potiguar Basin, Rio Grande do Norte, Brazil. Drilling commenced 25 June, progressing through sedimentary rock sections, and was concluded in basement rock on 5 July at a final total depth of 1,165 m. … The post Petro-Victory concludes drilling AND-5 well, onshore Brazil appeared first on Dr…