Alvopetro Energy Ltd. announces that our Board of Directors has declared a base quarterly dividend of US$0.10 per common share and a special dividend of US$0.02 per common share , both payable in cash on January 15, 2026 to shareholders of record at the close of business on December 31, 2025. Both the Base Dividend and the Special Dividend are designated as "eligible dividends" for Canadian income tax purposes. Dividend [...]
Alvopetro Energy Ltd. announces November sales volumes of 2,851 boepd . In Brazil, November sales averaged 2,702 boepd, including natural gas sales of 15.1 MMcfpd, associated natural gas liquids sales from condensate of 163 bopd and oil sales of 19 bopd. Natural gas deliveries continued at rates above our firm contracted volumes for much of the month of November, partially offset by the impact of planned facility [...]
Alvopetro Energy Ltd. announces that our wholly-owned subsidiary, Alvopetro S.A. Extração de Petróleo e Gás Natural , has entered into a US$20 million loan agreement with Itaú BBA International plc. The Credit Facility has a two-year term and bears interest at a fixed rate of 7% per annum , including all applicable charges and fees. The Credit Facility has a 12-month grace period upon which the loan is to be repaid in [...]
Alvopetro Energy Ltd. announces an operational update and financial results for the three and nine months ended September 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: "Our sales in Brazil in October averaged 2,766 boepd, a 34% increase [...]
Alvopetro Energy Ltd. announces September sales volumes of 2,231 boepd , our updated quarterly natural gas pricing, the disposition of our Bom Lugar and Mãe da Lua marginal oil fields in Brazil, an expansion of our inventory of Mannville Stack focused opportunities in Western Saskatchewan, and details of the expected timing of the release of our Q3 2025 financial results and our Q3 2025 earnings call. September 2025 Sales [...]
Alvopetro Energy announces that our Board of Directors has declared a quarterly dividend of US$0.10 per common share, payable in cash on Oct 15, 2025 to shareholders of record at the close of business on Sept 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 of [...]
Alvopetro Energy 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 of production from our 183-D4 well [...]
Alvopetro Energy 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 vision for Murucututu and our long-term [...]
Alvopetro Energy announces an operational update and financial results for the three and six months ended June 30, 2025. President & CEO, Corey C. Ruttan commented: "Q2 included our first quarter of sales from our recently added Western Canadian assets and overall sales volumes continued to be very strong averaging 2,436 boepd, up 50% from Q2 2024, and consistent with Q1 2025. We have a considerable amount of activity [...]
Alvopetro Energy 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 estimates [...]
Alvopetro Energy 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 of [...]
Alvopetro Energy 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 first [...]