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Petro-Victory Energy More Than Doubles Oil Production at Capixaba

Petro-Victory Energy reports first-year operational results at Capixaba Energia, having more than doubled oil production. The company also generated significant free cash flow.

13 August 2026
Petro-Victory Energy More Than Doubles Oil Production at Capixaba

Petro-Victory Energy Corp. has announced significant results from its first year of operations at Capixaba Energia. Following a partnership and acquisition initiated in April 2025, the company has successfully more than doubled oil production within the acquired area.

The operational outcomes surpassed expectations. While specific production figures were not disclosed, the company characterized the performance as "transformational" and noted the generation of "relevant free cash flow." These results indicate a strengthening of Petro-Victory's operational capabilities.

The strategic acquisition of Capixaba Energia has proven effective, according to the company. The increased production and cash flow generated are expected to support further growth initiatives and potential reinvestments.

Petro-Victory Energy plans to continue optimizing its operations and leveraging the production potential of the Capixaba assets.

Original source: prnewswire.com