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.