Petro-Victory Energy Corp., an acquirer and developer of oil and gas assets, announces that Fifteen Talents LP, a private equity firm that invests in successful leadership teams executing on outsized opportunities in well-vetted emerging markets, has accumulated 14.8% of the issued and outstanding shares of Petro-Victory (28,910,000 common shares) through open market purchases and two private block sale agreements with the Company's CEO, Richard F Gonzalez. 

Fifteen Talents LP is a private equity firm that invests in successful leadership teams executing on outsized opportunities in well-vetted emerging markets, Charles H. Cotter, General Partner of Fifteen Talents, will join the Petro-Victory Board of Directors effective October 1, 2018. 

Mr. Cotter commented,
"Having invested eighteen months of due diligence in the Petro-Victory leadership team and its extended ecosystem of international partners, Fifteen Talents is delighted to join the Petro-Victory team lead by its Chairman and CEO Richard Gonzalez.  The business plan, the Brazilian market cycle, and the pragmatic leadership approach fit perfectly with Fifteen Talents investment strategy.  We are excited about the foundational blocks that are in place today and the bench of identified opportunities which will propel Petro-Victory's success in years to come." 

In the most recent private block sale transaction, Fifteen Talents agreed to purchase 10,000,000 common shares of the Company from Richard F. Gonzalez, CEO for aggregate cash consideration of Cdn. $200,000. 

Richard Gonzalez commented:
"I'm investing my life in this enterprise and there are very few people to whom I'd sell my stock.  Chuck is a brilliant businessman whose experience in international energy and complex commercial structures provides a new element of expertise on the Petro-Victory board.  Chuck does his homework and he has a real passion for the Brazilian pure-play niche we've developed.  If selling a portion of my holdings is what it takes to have his brand of expertise and business acumen at hand, then I'll do it for the shareholders of Petro-Victory.  I am looking forward to working closely with Chuck on the board of directors as we accelerate the growth of the company. "  

Immediately after the transaction, Richard F. Gonzalez will own 21,159,837 common shares and 57,135,746 restricted voting shares of the Company, representing approximately 26.89% of the issued and outstanding securities of the Company, assuming conversion of the restricted shares. The restricted voting shares are convertible on a 1:1 ratio into common shares at the holder's option.

International Oil and Gas Veteran joins the Board of Directors 

George E. Burch will join the Petro-Victory Board of Directors effective October 1, 2018.

Mr. Burch's career in the international oil and gas industry spans 50 years. George began his oil and gas career in 1968 with the Marine Construction Division of Sedco, Inc.  Rising through the ranks, George quickly became the company's Administrative Manager for the Middle East, based in Bahrain. Later, as a Vice-President within Sedco's construction division, George managed all company projects in Africa through1979. Ultimately, as Vice President of Sedco's Energy Division, Mr. Burch was involved with all of the company's oil and gas projects worldwide.

Thereafter, as a founder and principal of his own smaller enterprises, George has built successful international logistics, materials management, procurement and other enterprises domestically and internationally, primarily serving the energy industry.

George commented: "I'm not interested in many board seats at this point in my career, but we've known Richard for years.  We've seen what he can accomplish, and it just makes sense interpersonally and financially to bring our resources to bear in this endeavor."    

Richard Gonzalez commented:
"George brings to Petro-Victory a career full of successful worldwide project management and the relationships needed to execute. We are very fortunate to have him."

Mr. Burch earned his undergraduate degree at Tulane University and an MBA from Loyola University, New Orleans.  Mr. Burch is a resident of Dallas, Texas.