Alvopetro Energy Ltd.

Alvopetro Energy Ltd. announces January sales volumes, our semi-annual natural gas price redetermination, and an operational update. January natural gas sales averaged 11.0 mmcfpd with associated natural gas liquids sales from condensate of 91 bopd, for an overall daily average of 1,923 boepd, based on field estimates. Our semi-annual gas price redetermination under our long-term gas sales agreement with Bahiagás was [...]

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Alvopetro Energy Ltd. announces December sales volumes and an operational update. December natural gas sales averaged 11.6 mmcfpd with associated natural gas liquids sales from condensate of 97 bopd, for an overall daily average of 2,032 boepd, based on field estimates. Our December sales volumes bring our estimated fourth quarter average daily sales to 1,950 boepd, an increase of 10% from our third quarter sales volumes [...]

Alvopetro Energy Ltd. announces November sales volumes and an operational update. November natural gas sales were 11.0 mmcfpd with associated natural gas liquids sales from condensate of 86 bopd, for an overall daily average of 1,924 boepd, based on field estimates, representing a 9% increase from our third quarter daily average sales and 2% from our average daily sales in October. In the second half of December, we [...]

Alvopetro Energy Ltd. announces October production, third quarter results and an operational update including our first quarter of natural gas sales from our Caburé Project under our long-term Gas Sales Agreement with Bahiagás. Commercial deliveries commenced on July 5th and we averaged daily natural gas sales of 10.1 mmcfpd in the third quarter with associated natural gas liquids sales from condensate of 79 bopd for [...]

Alvopetro Energy Ltd. announces September natural gas sales from our Caburé Project under our long-term Gas Sales Agreement with Bahiagás. In September, daily sales averaged 10.7 mmcfpd , with associated condensate sales of 76 barrels per day for combined total sales of 1,859 boepd, based on field estimates. Natural gas deliveries under our GSA commenced on July 5th and have been consistent through to the end of [...]

Alvopetro Energy Ltd. announces August natural gas sales from our Caburé Project under our long-term Gas Sales Agreement with Bahiagás and a prospective resource assessment and evaluation of natural gas associated with our planned 2021 exploration drilling program. In August, daily sales averaged 10.6 mmcfpd , with associated condensate sales of 96 barrels per day for combined total sales of 1,867 boepd. At the current [...]

Alvopetro Energy Ltd. announces second quarter results and an operational update including our first month of natural gas sales from our Caburé Project under our long-term Gas Sales Agreement with Bahiagás. The Caburé Project is the culmination of a conventional upstream natural gas development coupled with a natural gas commercial solution that includes highly strategic midstream assets. Commercial deliveries commenced [...]

Alvopetro Energy Ltd. announces that we have commenced natural gas deliveries from our flagship Caburé Project under our long-term Gas Sales Agreement with Bahiagás. The Caburé Project is the culmination of a conventional upstream natural gas development coupled with a natural gas commercial solution that includes highly strategic midstream assets. Commercial deliveries commenced on July 5th and on July 6th we have ramped [...]

Alvopetro Energy Ltd. announces an amendment to our Gas Sales Agreement with Bahiagás, an operational update and our first quarter 2020 financial and operating results. Gas Sales Agreement Amendment Our natural gas produced from our Caburé natural gas field will be sold under our long-term gas sales agreement with Bahiagás, the local distribution company for the state of Bahia. Bahiagás has agreed to commence the [...]