09:09 AM EDT, 04/04/2024 (MT Newswires) -- Petro-Victory Energy Corp. ( PTVRF ) said Thursday that it has completed the SJ-06 well within the Sao Joao field in Brazil's Barreirinhas Basin, adding 8.3 meters of oil pay in the Tutoia formation.

The company said the well tested at rate of 228 barrels of oil per day during the initial 35-hour test.

Petro-Victory said its workover program is designed to open an additional 12.4 meters across three zones in the Tutoia formation.

The company said it continues to monitor well pressure, recovery of the completion fluid and associated gas levels.