June 24 (Reuters) - Petro-Victory Energy Corp ( PTVRF ):

* PETRO-VICTORY ENERGY CORP. ( PTVRF ) ANNOUNCES PARTNERSHIP WITH

AZEVEDO

TRAVASSOS PETROLEO S/A TO DEVELOP ANDORINHA FIELD AND BLOCK

POT-T- 281 IN BRAZIL´S POTIGUAR BASIN

* PETRO-VICTORY: ATP TO HAVE OPTION TO BUY 50% OF BOTH

ASSETS AT

PRE-DETERMINED PRICE OF $10/BARREL OF PROVEN RESERVES, $4/BARREL

OF PROBABLE RESERVES

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