Brief: Petro Victory announces agreement to convert its interest in Pirity block to royalty

Petro-Victory Energy

06/10/2015 01:07

Oct 5 (Reuters) - Petro Victory Energy Corp  VRY.V : 
 * Announces agreement to convert its interest in pirity block to royalty 
 * Has agreed to sell to President Energy, PLC its entire 36% interest in its 
   pirity concession 
 * Says deal for $500,000 in cash payable in installments 
 * Says interest in Pirity concession held through its Pirity Hidrocarburos 
   S.R.L. subsidiary 
 * Source text for Eikon  ID:nCCN2XYxc3  
 * Further company coverage  VRY.V   
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