Off-market insider buying at Petro-Victory Energy (VRY)

Off-market insider buying at Petro-Victory Energy (V:VRY)

Fifteen Talents LP, a Director and 10% Holder, acquired 7,812,000 Common Shares Class A on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on October 18th, 2018. This represents a $390,600 investment into the company's shares and an account share holdings change of 27.0%.

Petro-Victory Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Petro-Victory Energy Corp. is an exploration company focused on Latin America. The Company, through its subsidiaries, is engaged in the exploration for, and the acquisition and development of, crude oil and natural gas resources in Latin America, primarily in Paraguay. The Company invests in petroleum and natural gas exploration and other energy activities in Latin America. The Company had working interest in the Pirity Concession in Paraguay. The Pirity Concession consists of approximately two million acres located in western Paraguay's underexplored Pirity Sub-basin, near the Argentinian-Paraguayan border. The Company's subsidiaries include Petro Victory Energy Service Company and Pirity Hidrocarburos, SRL. The Company, through its subsidiary Pro-Tech Hardbanding Services, Inc., supplies Armacor MStar amorphous metal hardbanding product, which is designed to reduce overall drag in wellbore curves and laterals.