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