CALGARY, AB, Sept. 4, 2025 /CNW/ - Alvopetro Energy Ltd. announces August sales volumes of 2,375 boepd, based on field estimates. In Brazil, August sales volumes averaged 2,257 boepd, including natural gas sales of 12.7 MMcfpd, associated natural gas liquids sales from condensate of 132 bopd and oil sales of 9 bopd. The large relative contribution of production from our 100% Murucututu field in August relates to the start [...]
CALGARY, AB, Aug. 25, 2025 /CNW/ - Alvopetro Energy Ltd. announces initial production results from our recently completed 183-D4 Murucututu well and an operational update. President & CEO, Corey C. Ruttan commented: "The initial results from our 183-D4 well are extremely encouraging and have allowed us to post record daily natural gas production levels from our 100% owned Murucututu asset. This result reinforces our [...]
CALGARY, AB, Aug. 6, 2025 /CNW/ - Alvopetro Energy Ltd. announces an operational update and financial results for the three and six months ended June 30, 2025. All references herein to $ refer to United States dollars, unless otherwise stated and all tabular amounts are in thousands of United States dollars, except as otherwise noted. President & CEO, Corey C. Ruttan commented: "Q2 included our first quarter of sales from [...]
Alvopetro Energy Ltd. announces June 2025 sales volumes of 2,514 boepd, based on field estimates. In Brazil, June sales volumes averaged 2,364 boepd, including natural gas sales of 13.2 MMcfpd, associated natural gas liquids sales from condensate of 147 bopd, and oil sales of 9 bopd. In Canada, June sales volumes averaged 149 bopd. This brings our Q2 2025 average daily sales volumes to 2,436 boepd, based on field [...]
Alvopetro Energy Ltd. announces that our Board of Directors has declared a quarterly dividend of US$0.10 per common share, payable in cash on July 15, 2025 to shareholders of record at the close of business on June 30, 2025. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. Dividend payments to non-residents of Canada will be subject to withholding taxes at the Canadian statutory rate [...]
Alvopetro Energy Ltd. announces May 2025 sales volumes and an operational update, including results from our 183-D4 well. Based on cased hole logs and logs while drilling, the well encountered 61 metres total vertical depth potential net natural gas pay in the Caruaçu Formation 106 metres updip of our 183-A3 well. President & CEO, Corey C. Ruttan commented: "May sales included the first full month of production from our [...]
In the news release issued May 7, 2025, by Alvopetro Energy Ltd., the company advises that the "Q1 2025 Results Webcast" and "Annual General Meeting" sections should each contain only one Zoom link. They should read "LINK: https://us06web.zoom.us/j/84476502014" and "LINK: https://us06web.zoom.us/j/89512204386" instead of the previously issued duplicates. The corrected release follows: Alvopetro Announces an Operational [...]
Alvopetro Energy Ltd. announces an operational update, financial results for the three months ended March 31, 2025 and details for both our Q1 2025 earnings call and our upcoming annual general and special meeting. All references herein to $ refer to United States dollars, unless otherwise stated and all tabular amounts are in thousands of United States dollars, except as otherwise noted. President & CEO, Corey C. Ruttan [...]
Alvopetro Energy Ltd. announces March sales volumes of 2,580 boepd, including natural gas sales of 14.5 MMcfpd, associated natural gas liquids sales from condensate of 146 bopd and oil sales of 12 bopd, based on field estimates, bringing our average daily sales volumes to 2,446 boepd in Q1 2025, up 41% from Q4 2024. Natural gas, NGLs and crude oil sales: March 2025 February 2025 Q1 2025 Q4 2024 Natural gas , by field [...]
Alvopetro Energy Ltd. announces an operational update, our financial results for the year ended December 31, 2024, a quarterly dividend of US$0.10 per common share and filing of our annual information form. We will be hosting a live webcast to discuss our Q4 2024 results on Wednesday March 19, 2025 at 8:00 a.m. Mountain time. All references herein to $ refer to United States dollars, unless otherwise stated and all [...]
Alvopetro Energy Ltd. announces February sales volumes of 2,285 boepd, including natural gas sales of 13.0 MMcfpd and associated natural gas liquids sales from condensate of 115 bopd, based on field estimates. Natural gas, NGLs and crude oil sales: February 2025 January 2025 Q4 2024 Natural gas , by field: Caburé 10,950 11,450 7,476 Murucututu 2,065 2,338 2,231 Total Company natural gas 13,015 13,788 9,707 NGLs 115 141 [...]
Alvopetro Energy Ltd. announces our reserves as at December 31, 2024 with total proved reserves of 4.5 MMboe and total proved plus probable reserves of 9.1 MMboe, increases of 65% and 5%, respectively, from December 31, 2023. The before tax net present value discounted at 10% of our 1P reserves increased 53% to $177.7 million and the NPV10 of our 2P reserves increased 6% to $327.8 million. We also announce risked best [...]
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