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Alvopetro Energy Ltd. (V:ALV)

Business Focus: Natural Gas Exploration & Production - Onshore

Apr 12, 2024 06:05 am ET
Alvopetro Announces Filing of Material Change Report and Receipt of Dispute Notification from Third-Party Partner
CALGARY, AB, April 12, 2024 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) ("Alvopetro") announces that it has filed a material change report on SEDAR+ which details the anticipated impact to Alvopetro following the decision of the independent expert (the "Expert") in the redetermination process which increased Alvopetro's working interest in the unitized area which includes Alvopetro's Caburé natural gas field (the "Unit"). In addition, Alvopetro announces that we have received a notice of dispute from our third-party partner (the "Third-Party Partner") with respect to the finding
Apr 05, 2024 02:01 am ET
Alvopetro Announces Results of Caburé Unit Redetermination
CALGARY, AB, April 5, 2024 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) ("Alvopetro") announces the results of the Caburé Unit redetermination process wherein the appointed independent expert ("the Expert") has found in favour of Alvopetro's final proposal, increasing Alvopetro's working interest to 56.2%.
Apr 02, 2024 05:00 pm ET
Alvopetro Announces March 2024 Sales Volumes and an Operational Update
CALGARY, AB, April 2, 2024 /CNW/ -  Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces March 2024 sales volumes and an operational update.
Mar 19, 2024 05:01 pm ET
Alvopetro Announces Year End 2023 Financial Results, Q1 2024 Dividend of US$0.09/share and Filing of our Annual Information Form
CALGARY, AB, March 19, 2024 /CNW/ - Alvopetro Energy Ltd. (TSXV:ALV) (OTCQX: ALVOF) announces our financial results for the year ended December 31, 2023, a quarterly dividend of US$0.09 per common share and filing of our annual information form.  
Mar 05, 2024 04:29 pm ET
Alvopetro Announces February 2024 Sales Volumes
CALGARY, AB, March 5, 2024 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces February 2024 sales volumes of 1,477 boepd including natural gas sales of 8.3 MMcfpd, associated natural gas liquids sales from condensate of 72 bopd and oil sales of 19 bopd, based on field estimates. February sales volumes were impacted by reduced nominations from our offtaker, Bahiagás mainly in the latter half of February.  Effective March 1, 2024 deliveries to Bahiagás have increased back to over 10.6 MMcfpd.
Feb 26, 2024 07:23 pm ET
Alvopetro Announces 2023 Year End Reserves
CALGARY, AB, Feb. 26, 2024 /CNW/ - Alvopetro Energy Ltd. (TSXV:ALV) (OTCQX: ALVOF) announces our reserves as at December 31, 2023 with total proved plus probable ("2P") reserves of 8.7 MMboe and a before tax net present value discounted at 10% ("NPV10") of $309.7 million, risked best estimate contingent resources of 5.4 MMboe (NPV10 $126.1 million) and risked best estimate prospective resources of 9.6 Mmboe (NPV10 $184.9 million).  The reserves and resources data set forth herein is based on an independent reserves and resources assessment and evaluation prepared by GLJ Ltd. ("GLJ") dated Fe
Feb 05, 2024 06:00 am ET
Alvopetro Announces January 2024 Sales Volumes and our Semi-Annual Natural Gas Price Update
CALGARY, AB, Feb. 5, 2024 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces January 2024 sales volumes and our updated natural gas price effective February 1, 2024.
Jan 04, 2024 06:10 am ET
Alvopetro Announces December 2023 Sales Volumes and Initial 183-A3 Well Test Results
CALGARY, AB, Jan. 4, 2024 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces December 2023 sales volumes and initial well test results from our 183-A3 well.
Dec 18, 2023 06:00 am ET
Alvopetro Announces Q4 2023 Dividend of US$0.14 Per Share and Commencement of Caburé Unit Redetermination Process
CALGARY, AB, Dec. 18, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV;) (OTCQX: ALVOF) announces our Q4 2023 dividend and an update on our Caburé Unit Redetermination process.
Dec 05, 2023 04:00 pm ET
Alvopetro Announces November 2023 Sales Volumes and an Operational Update
CALGARY, AB, Dec. 5, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces November 2023 sales volumes and an operational update.
Nov 08, 2023 05:02 pm ET
Alvopetro Announces Q3 2023 Financial Results and an Operational Update
CALGARY, AB, Nov. 8, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) is pleased to announce financial results for the three and nine months ended September 30, 2023 and an operational update.  
Nov 03, 2023 07:00 am ET
Alvopetro Announces October 2023 Sales Volumes and Timing of Q3 2023 Results and Earnings Call
CALGARY, AB, Nov. 3, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces October 2023 sales volumes and timing for release of our Q3 2023 results and earnings call.
Oct 23, 2023 07:05 am ET
Alvopetro Publishes 2022 Sustainability Report
CALGARY, AB, Oct. 23, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) is pleased to announce the release of our 2022 Sustainability Report (the "Report"), highlighting our approach to environmental, social and governance ("ESG") practices for the year ended December 31, 2022 and outlining our commitment to building a sustainable future for all of our stakeholders. A full copy of the Report, which was approved by Alvopetro's Board of Directors, can be found on our website at https://alvopetro.com/Sustainability.
Oct 11, 2023 07:05 am ET
Alvopetro Announces 183-A3 Well Results
CALGARY, AB, Oct. 11, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) is pleased to announce that we have now completed drilling the 183-A3 well on our 100% owned Murucututu natural gas field. Based on open-hole logs, the well encountered potential net natural gas pay across two separate formations totaling 127.7 metres, with an average porosity of 10.3%.
Oct 05, 2023 05:10 pm ET
Alvopetro Announces September 2023 Sales Volumes and an Operational Update
CALGARY, AB, Oct. 5, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces September 2023 sales volumes and an operational update.
Sep 14, 2023 05:04 pm ET
Alvopetro Announces Q3 2023 Dividend of US$0.14 Per Share
CALGARY, AB, Sept. 14, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces that our Board of Directors has declared a quarterly dividend of US$0.14 per common share, payable in cash on October 13, 2023, to shareholders of record at the close of business on September 29, 2023. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. 
Sep 07, 2023 07:05 am ET
Alvopetro Announces August 2023 Sales Volumes and an Operational Update
CALGARY, AB, Sept. 7, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces August 2023 sales volumes and an operational update.
Aug 09, 2023 05:00 pm ET
Alvopetro Announces Q2 2023 Financial Results and an Operational Update
CALGARY, AB, Aug. 9, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) is pleased to announce financial results for the three and six months ended June 30, 2023 and an operational update.  
Aug 04, 2023 07:00 am ET
Alvopetro Announces July 2023 Sales Volumes, an Operational Update, our Semi-Annual Natural Gas Price Redetermination and Timing of Q2 2023 Results and Earnings Call
CALGARY, AB, Aug. 4, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces July 2023 sales volumes, our August 1, 2023 natural gas price redetermination, an operational update and timing for release of our Q2 2023 results and earnings call.
Jul 06, 2023 07:05 am ET
Alvopetro Announces June 2023 Sales Volumes
CALGARY, AB, July 6, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces June 2023 average sales volumes of 2,068 boepd, including natural gas sales of 11.8 MMcfpd, associated natural gas liquids sales from condensate of 99 bopd, and oil sales of 6 bopd, based on field estimates. Overall, our sales volumes averaged 1,975 boepd in the second quarter of 2023.
Jun 29, 2023 05:05 pm ET
Alvopetro Announces Drilling Results from First Bom Lugar Oil Development Well
CALGARY, AB, June 29, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces that we have completed drilling our BL-06 well on our 100% owned and operated Bom Lugar field in the Recôncavo Basin. Based on open-hole wireline logs the well has discovered a total of 35.4 metres of potential net oil pay, with an average porosity of 11.2% and average water saturation of 39.2%.
Jun 16, 2023 07:53 pm ET
TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, June 16, 2023 /CNW/ -
Jun 16, 2023 08:35 am ET
June 15th OTCQX Best 50 Virtual Investor Conference: Presentations Now Available for Online Viewing
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the OTCQX Best 50 Virtual Investor Conference, held on June 15th are now available for online viewing. REGISTER NOW AT:...
Jun 15, 2023 05:00 pm ET
Alvopetro Announces US$0.14 Per Share Q2 2023 Dividend
CALGARY, AB, June 15, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces that our Board of Directors has declared a quarterly dividend of US$0.14 per common share, payable in cash on July 14, 2023, to shareholders of record at the close of business on June 30, 2023. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. 
Jun 12, 2023 05:00 pm ET
Alvopetro to Present at the OTCQX Best 50 Virtual Investor Conference on June 15th
Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) today announced that Corey C. Ruttan, President and Chief Executive Officer, will present live at the present live at the OTCQX Best 50 Virtual Investor Conference, hosted by...
Jun 09, 2023 12:27 pm ET
OTCQX Best 50 Virtual Investor Conference Agenda Announced for June 15th
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the OTCQX Best 50 Virtual Investor Conference. Individual investors, institutional investors, advisors, and analysts are invited to...
Jun 06, 2023 07:15 am ET
Alvopetro Announces May 2023 Sales Volumes
CALGARY, AB, June 6, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces May 2023 average sales volumes of 1,888 boepd, including natural gas sales of 10.7 MMcfpd, associated natural gas liquids sales from condensate of 94 bopd, and oil sales of 9 bopd, based on field estimates.
May 29, 2023 07:15 am ET
Alvopetro Commences Production from 197(1) Well
CALGARY, AB, May 29, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces production commencement from our 197(1) well on our Murucututu natural gas field and an operational update.
May 10, 2023 05:01 pm ET
Alvopetro Announces Record Q1 2023 Financial Results, an Operational Update and Details for our Upcoming AGM
CALGARY, AB, May 10, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) is pleased to announce record financial results for the three months ended March 31, 2023, an operational update and details of our upcoming annual general and special meeting on June 21, 2023.  
May 04, 2023 05:01 pm ET
Alvopetro Announces April 2023 Sales Volumes, an Operational Update and Timing of Q1 2023 Results and Earnings Call
CALGARY, AB, May 4, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces April 2023 average sales volumes and an operational update and timing for release of our Q1 2023 results and earnings call.
Apr 05, 2023 07:15 am ET
Alvopetro Announces March 2023 Sales Volumes and Record Q1 2023 Sales Volumes
CALGARY, AB, April 5, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces March 2023 average sales volumes of 2,690 boepd, including natural gas sales of 15.4 MMcfpd, associated natural gas liquids sales from condensate of 120 bopd and 8 bopd of oil sales, based on field estimates. Overall, our sales volumes averaged 2,767 boepd in the first quarter of 2023, an increase of 2% from the fourth quarter of 2022 and a new quarterly record for Alvopetro.
Mar 21, 2023 06:39 pm ET
Alvopetro Announces 17% Increase in Quarterly Dividend to US$0.14/share, Year End 2022 Financial Results, Filing of Annual Information Form, Automatic Share Repurchase Plan and an Operational Update
CALGARY, AB, March 21, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) is pleased to announce a 17% increase in our quarterly dividend, to US$0.14 per common share, our financial results for the year ended December 31, 2022, filing of our annual information form, an automatic share repurchase plan, and an operational update.  
Mar 17, 2023 08:35 am ET
Oil & Gas Virtual Investor Conference: Presentations Now Available for Online Viewing
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Oil & Gas Virtual Investor Conference held on March 16th are now available for online viewing. REGISTER NOW AT:...
Mar 14, 2023 08:35 am ET
Oil & Gas Virtual Investor Conference Agenda Announced for March 16th
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Oil & Gas Virtual Investor Conference to be held March 16th. Individual investors, institutional investors, advisors, and analysts...
Mar 13, 2023 05:00 pm ET
Alvopetro to Webcast Live at VirtualInvestorConferences.com on March 16th
Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) today announced that Corey C. Ruttan, President and Chief Executive Officer, will present live at the Oil & Gas Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on March 16th,...
Mar 06, 2023 06:13 am ET
Alvopetro Announces Record February 2023 Sales Volumes
CALGARY, AB, March 6, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces February 2023 average sales volumes of 2,866 boepd, including natural gas sales of 16.4 MMcfpd and associated natural gas liquids sales from condensate of 128 bopd, based on field estimates. February sales volumes are a new record for Alvopetro, an increase of 4% from January 2023 and 5% from Q4 2022. All natural gas sales from February 1 to July 31, 2023 are at our new contracted price of BRL2.00/m3 or $11.88/Mcf (based on our average heat content to date and the January 31, 2023 BRL/USD foreign ex
Feb 28, 2023 04:01 pm ET
Alvopetro Announces 2022 Year End Reserves with a 17% Increase in 2P NPV Before Tax
CALGARY, AB, Feb. 28, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces our reserves as at December 31, 2022 with total proved plus probable ("2P") reserves of 9.0 MMboe and a before tax net present value discounted at 10% of $348.2 million. 2P reserve additions replaced 132% of 2022 production. 2P reserve volumes increased by 3%, despite 0.9 MMboe of production in 2022, due to reserve additions associated mainly with two additional Murucututu development locations (previously included in contingent resources). The before tax net present value of our 2P reserves (discou
Feb 06, 2023 06:15 am ET
Alvopetro Announces January 2023 Sales Volumes, our Semi-Annual Natural Gas Price Redetermination, 2023 Capital Plans and an Operational Update
CALGARY, AB, Feb. 6, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces January 2023 sales volumes, our February 1, 2023 natural gas price redetermination, our 2023 capital plan and an operational update.
Jan 06, 2023 06:15 am ET
Alvopetro Announces Record December 2022 Sales Volumes and an Operational Update
CALGARY, AB, Jan. 6, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces record sales volumes in December 2022 and an operational update.
Jan 03, 2023 11:17 am ET
Alvopetro Announces Approval of Normal Course Issuer Bid
CALGARY, AB, Jan. 3, 2023 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) is pleased to announce that the TSX Venture Exchange ("TSXV") has now approved the Company's proposed normal course issuer bid (the "NCIB").
Dec 07, 2022 04:14 pm ET
Alvopetro Announces November 2022 Sales Volumes and an Operational Update
CALGARY, AB, Dec. 7, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces November 2022 sales volumes and an operational update.
Dec 02, 2022 08:35 am ET
Small Cap Growth Virtual Investor Conference: Presentations Now Available for Online Viewing
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from its Small Cap Growth Virtual Investor Conference held on December 1st are now available for online viewing. REGISTER NOW AT:...
Nov 29, 2022 06:56 am ET
Alvopetro Announces 183-B1 Candeias Formation Test Results
CALGARY, AB, Nov. 29, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces results from the third interval tested in our 183-B1 well on our 100% owned and operated Block 183.
Nov 28, 2022 08:35 am ET
Small Cap Growth Virtual Investor Conference Agenda Announced for December 1st
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Small Cap Growth Virtual Investor Conference to be held on December 1st. Individual investors, institutional investors,...
Nov 22, 2022 05:35 pm ET
Alvopetro Announces 183-B1 Agua Grande Formation Test Results
CALGARY, AB, Nov. 22, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces initial results from the second interval tested in our 183-B1 well on our 100% owned and operated Block 183.
Nov 15, 2022 03:30 pm ET
Alvopetro Announces a 50% Increase to our Quarterly Dividend, an Intention to Launch a Share Buyback Program, and Record Q3 2022 Results
CALGARY, AB, Nov. 15, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV:ALV); (OTCQX: ALVOF) is pleased to announce a 50% increase in our quarterly dividend, to US$0.12 per common share, an intention to launch a share buyback program under a normal course issuer bid ("NCIB") and operating and financial results for the third quarter of 2022 including another record quarter of funds flow from operations of $13.3 million. We will host a live webcast to discuss Q3 2022 results on Wednesday November 16, 2022, beginning at 9:00 am Mountain time.
Nov 07, 2022 03:07 pm ET
Alvopetro Announces Initial 183-B1 Test Results, October 2022 Sales Volumes and Q3 2022 Results Webcast
CALGARY, AB, Nov. 7, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces initial results from the first interval tested in our 183-B1 well on our 100% owned and operated Block 183 and October 2022 sales volumes.
Oct 12, 2022 04:30 pm ET
Alvopetro Energy Ltd. Invites You to Join Us at the Schachter Catch the Energy Conference in Calgary
Calgary, Alberta--(Newsfile Corp. - October 12, 2022) - Alvopetro Energy Ltd. (TSXV: ALV) will be participating in the Schachter Catch the Energy Conference, which will take place on Saturday, October 22nd at Calgary Mount Royal University.
Oct 04, 2022 07:30 am ET
Alvopetro Announces Drilling Results from the 182-C2 Well & September 2022 Sales Volumes
CALGARY, AB, Oct. 4, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF). We are pleased to announce drilling results from our 182-C2 well.  We completed drilling the 182-C2 well to a total measured depth ("MD") of 3,185 metres on our 100% owned and operated Block 182 in the Recôncavo basin.
Sep 19, 2022 07:30 am ET
Alvopetro Announces Warrant Exercise and Debt Repayment
CALGARY, AB, Sept. 19, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) ("Alvopetro") announces the exercise of all outstanding warrants held by Cordiant Capital Inc. ("Cordiant") and that we have now repaid the remaining $2.5 million outstanding on the credit facility. 
Sep 15, 2022 04:43 pm ET
Alvopetro Confirms US$0.08 Per Share Q3 2022 Dividend
CALGARY, AB, Sept. 15, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces that our Board of Directors has declared a quarterly dividend of US$0.08 per common share, payable in cash on October 14, 2022, to shareholders of record at the close of business on September 29, 2022. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. 
Sep 08, 2022 04:30 pm ET
Alvopetro Announces Discovery at Caburé Unit-C Well, August 2022 Record Sales Volumes and an Operational Update
CALGARY, AB, Sept. 8, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV); (OTCQX: ALVOF) announces a discovery at our 49.1% Caburé Unit C well, record August sales volumes and an operational update. 
Aug 22, 2022 07:25 am ET
Alvopetro Announces 182-C1 Well Results
CALGARY, AB, Aug. 22, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces that we have suspended testing at the 182-C1 well on our 100% owned and operated Block 182 in the Recôncavo basin. During the testing operation we perforated the entire 25m of net pay section of the well on tubing conveyed perforations in an underbalanced condition. No formation flow was observed after the initial perforations. We injected 124 barrels ("bbls") of 15% hydrochloric acid to remove possible near wellbore damage. We then removed the liquid from the wellbore with a jet lift operation usin
Aug 11, 2022 07:22 pm ET
Alvopetro Announces Record Funds Flow from Operations for the Second Quarter of 2022 & Q2 Results Webcast
CALGARY, AB, Aug. 11, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces operating and financial results for the second quarter of 2022 including record funds flow from operations of $12.4 million. We will host a live webcast to discuss Q2 2022 results on Friday August 12, 2022 beginning at 8:00 am Mountain time.
Aug 11, 2022 07:17 pm ET
Alvopetro Announces Filing of Restated Financial Statements for 2020 and 2021
CALGARY, AB, Aug. 11, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces a restatement of the Company's financial statements for the years ended December 31, 2021 and 2020.
Aug 04, 2022 07:15 am ET
Alvopetro Announces Inaugural Sustainability Report, July 2022 Sales Volumes, & Operational Update
CALGARY, AB, Aug. 4, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces our inaugural sustainability report for the year-ended December 31, 2021, July sales volumes and an operational update.
Jul 07, 2022 05:11 pm ET
Alvopetro Announces Multizone Discovery at 183-B1 Exploration Well and June 2022 Sales Volumes
CALGARY, AB, July 7, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) We are pleased to announce a multizone discovery on our 183-B1 exploration location.  We completed drilling the 183-B1 exploration well on our 100% owned and operated Block 183 in the Recôncavo basin and, based on open-hole wireline logs and fluid samples confirming hydrocarbons, the well has discoveries in multiple formations with a total of 34.3 metres of potential net hydrocarbon pay, with an average porosity of 10.6% and average water saturation of 29.0%.
Jun 23, 2022 07:39 pm ET
Alvopetro Announces 2022 Annual and Special Meeting Voting Results and Implementation of Omnibus Incentive Plan
CALGARY, AB, June 23, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces the results of voting at its annual and special meeting (the "Meeting") held virtually on June 22, 2022, and the implementation of the Omnibus Incentive Plan.
Jun 15, 2022 05:36 pm ET
Alvopetro Announces US$0.08 Per Share Quarterly Dividend
CALGARY, AB, June 15, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces that our Board of Directors has declared a quarterly dividend of US$0.08 per common share, payable in cash on July 15, 2022, to shareholders of record at the close of business on June 30, 2022. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. 
Jun 06, 2022 08:03 pm ET
Alvopetro Announces May 2022 Sales Volumes and Operational Update
CALGARY, AB, June 6, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces May sales volumes of 2,111 boepd, including natural gas sales of 12.1 MMcfpd, associated natural gas liquids sales from condensate of 81 bopd and oil sales of 9 bopd, based on field estimates.  At the end of May, we completed a five-day shutdown of our production to complete all the necessary advance work for our Caburé gas processing facility expansion resulting in lower overall production in May compared to prior months.  At the same time, we completed the plant turnaround and inspection work requi
May 12, 2022 06:20 pm ET
Alvopetro Announces Record First Quarter 2022 Results, an Operational Update, Additional Debt Repayment, and Details of our Annual and Special Meeting
CALGARY, AB , May 12, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces record first quarter 2022 operating and financial results, an operational update, an additional debt repayment and details of our upcoming annual and special meeting.
May 05, 2022 07:27 am ET
Alvopetro Announces April 2022 Sales Volumes and Q1 2022 Results Webcast
CALGARY, AB, May 5, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces April sales volumes of 2,494 boepd, including natural gas sales of 14.3 MMcfpd and associated natural gas liquids sales from condensate of 107 bopd, based on field estimates. 
Apr 21, 2022 07:15 am ET
Alvopetro Announces Discovery at 182-C1 Well
CALGARY, AB, April 21, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces that we have completed drilling the 182-C1 well on our 100% owned and operated Block 182 in the Recôncavo basin. Based on open-hole wireline logs the well has discovered 25 metres of potential net natural gas pay, with an average porosity of 8.2%.
Apr 07, 2022 07:13 am ET
Alvopetro Announces March 2022 Sales Volumes and Operational Update
CALGARY, AB, April 7, 2022 Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces March sales volumes of 2,512 boepd, including natural gas sales of 14.4 mmcfpd, associated natural gas liquids sales from condensate of 101 bopd and oil sales of 18 bopd, based on field estimates.  Our March sales volumes bring our average daily sales for the first quarter of 2022 to 2,501 boepd, our highest quarterly sales volumes to-date, an increase of 3% over the fourth quarter of 2021 and 15% over the first quarter of 2021.  
Mar 18, 2022 01:30 pm ET
The Power Play by The Market Herald Releases Interview With Alvopetro Energy
VANCOUVER, BC / ACCESSWIRE / March 18, 2022 / The Power Play by The Market Herald has announced the release of a new interview with Alvopetro Energy on their latest news.
Mar 17, 2022 06:35 pm ET
ALVOPETRO ANNOUNCES 33% INCREASE IN QUARTERLY DIVIDEND TO US$0.08 PER SHARE, YEAR-END 2021 FINANCIAL RESULTS, FILING OF ANNUAL INFORMATION FORM AND AN OPERATIONAL UPDATE
CALGARY, AB, March 17, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV:ALV) (OTCQX: ALVOF) announces a US$0.08 per common share dividend, our year-end 2021 financial results, filing of our annual information form and an operational update.
Mar 08, 2022 06:12 am ET
Alvopetro Announces 2021 Year End Reserves With a 52% Increase In 2P NPV Before Tax
CALGARY, AB, March 8, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV:ALV) (OTCQX: ALVOF) announces our reserves as at December 31, 2021 with total proved plus probable ("2P") reserves of 8.7 mmboe and a before tax net present value discounted at 10% of $297.0 million.  The before tax net present value of our 2P reserves (discounted at 10%) increased by 52% from December 31, 2020, primarily due to increases in forecasted natural gas prices. 2P reserve volumes decreased by 9% due to 2021 production. In addition, Alvopetro announces the December 31, 2021 assessment of the Company's Murucututu natural
Mar 03, 2022 05:23 pm ET
Alvopetro Announces February 2022 Sales Volumes, Commencement of 2022 Drilling Program and Additional Debt Repayment
CALGARY, AB, March 3, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces February sales volumes of 2479 boepd, including natural gas sales of 14.3 mmcfpd and associated natural gas liquids sales from condensate of 99 bopd based on field estimates. All natural gas sales in February are at our new contracted price of BRL1.94/m3 or $11.28/mcf (based on our average heat content to date of 107% and the average February foreign exchange rate of 5.1966 , a 48% increase from our previous contracted price of BRL1.31/m3.  This price is effective for all natural gas sales from Febr
Feb 01, 2022 08:35 am ET
Alvopetro to Webcast Live at VirtualInvestorConferences.com February 3rd
Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF), the Canada-based independent natural gas upstream and midstream operator focused on-shore Brazil, today announced that Corey C. Ruttan, President and Chief Executive Officer, will present live at...
Jan 12, 2022 03:45 pm ET
Alvopetro Announces December Sales Volumes, Operational Update and Semi-Annual Natural Gas Price Redetermination
CALGARY, AB, Jan. 12, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces December sales volumes of 2,457 boepd, including natural gas sales of 14.1 mmcfpd and associated natural gas liquids sales from condensate of 101 bopd, based on field estimates. Our December sales volumes bring our estimated fourth quarter average daily sales to 2,432 boepd, a decrease of 1% from the third quarter average sales of 2,459 boepd, and our average daily sales in 2021 to 2,358 boepd, an increase of 27% from the average daily sales of 1,857 boepd in the second half of 2020.
Dec 15, 2021 06:01 am ET
ALVOPETRO ANNOUNCES US$0.06 PER SHARE QUARTERLY DIVIDEND
CALGARY, AB, Dec. 15, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces that our Board of Directors has declared a quarterly dividend of US$0.06 per common share, payable in cash on January 14, 2022, to shareholders of record at the close of business on December 30, 2021. This dividend is designated as an "eligible dividend" for Canadian income tax purposes.  Alvopetro's cash flows are linked to US dollars and as such, dividends are being paid in US dollars.
Dec 07, 2021 06:15 am ET
Alvopetro Announces November Sales Volumes
CALGARY, AB, Dec. 7, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces November sales volumes of 2,459 boepd, including natural gas sales of 14.1 mmcfpd and associated natural gas liquids sales from condensate of 109 bopd, based on field estimates, an increase of 3% from our October sales volumes of 2,382 boepd and consistent with our average third quarter sales volumes of 2,459 boepd.
Dec 06, 2021 07:35 am ET
Small Cap Growth Investor Presentations Now Available for On-Demand Viewing
NEW YORK, Dec. 6, 2021 /PRNewswire/ -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the December 2nd Small Cap Growth Virtual Investor Conference are now available for on-demand viewing.
Dec 02, 2021 05:59 am ET
Alvopetro to Webcast Live at VirtualInvestorConferences.com December 2nd
CALGARY, AB, Dec. 2, 2021 /PRNewswire/ -- Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF), the Canada-based independent natural gas upstream and midstream operator focused on-shore Brazil, today announced that Corey C. Ruttan, President and Chief Executive Officer, will present live at VirtualInvestorConferences.com on December 2nd, 2021.
Nov 24, 2021 12:22 pm ET
Small Cap Growth Conference: Live Executive Presentations on December 2nd
Company executives will share vision and answer audience questions at VirtualInvestorConferences.com
Nov 10, 2021 04:00 pm ET
The Power Play by The Market Herald Releases New Interviews
VANCOUVER, BC / ACCESSWIRE / November 10, 2021 / The Power Play by The Market Herald has announced the release of a new interview with TomaGold, Nextech AR, LUXXFOLIO, Harvest One, X-Terra, Alvopetro, and Vejii Holdings to discuss their latest news.
Nov 09, 2021 04:34 pm ET
Alvopetro Announces Third Quarter 2021 Results
CALGARY, AB, Nov. 9, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV:ALV) (OTCQX: ALVOF) announces our third quarter 2021 financial results and an operational update.
Nov 04, 2021 07:32 am ET
Alvopetro Announces October Sales Volumes and Q3 Results Webcast
CALGARY, AB, Nov. 4, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces October sales volumes of 2,382 boepd based on field estimates, including natural gas sales of 13.7 mmcfpd, associated natural gas liquids sales from condensate of 99 bopd and oil sales of 5 bopd, a decrease of 3% from our average third quarter volumes of 2,459 boepd and an increase of 2% from our average daily volumes for the nine-month period ending September 30, 2021. We are continuing to receive strong natural gas sales prices of approximately US$7.14/mcf, and are forecasting an increase, to the c
Oct 05, 2021 07:12 am ET
Alvopetro Announces September Sales Volumes And Gas Plant Expansion
CALGARY, AB, Oct. 5, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces September sales volumes of 2,536 boepd based on field estimates, including natural gas sales of 14.5 mmcfpd and associated natural gas liquids sales from condensate of 113 bopd.  This brings our average third quarter sales volumes to an estimated 2,459 boepd, an increase of 4% from our second quarter sales volumes of 2,361 boepd.  On August 1, 2021, our natural gas price was adjusted to BRL1.31/m3, an increase of 24% from our February 1, 2021 contracted natural gas price of BRL1.06/m3.  We are foreca
Oct 04, 2021 07:40 am ET
Small Cap Growth Conference: Live Executive Presentations on October 7th
Company executives will share vision and answer audience questions at VirtualInvestorConferences.com
Sep 30, 2021 08:27 am ET
Live Investor Conference & Webinar: Small Cap Growth Conference on October 7th
NEW YORK, Sept. 30, 2021 /PRNewswire/ -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Small Cap Growth Virtual Investor Conference. Individual investors, institutional investors, advisors and analysts are invited to attend. The program opens at 8:45 AM ET on Thursday, October 7th with the first live webcast at 9:00 AM ET.
Sep 29, 2021 08:35 am ET
Alvopetro to Webcast Live at VirtualInvestorConferences.com October 7th
CALGARY, AB, Sept. 29, 2021 /PRNewswire/ -- Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOD), the Canada-based independent natural gas upstream and midstream operator focused on-shore Brazil, today announced that Corey C. Ruttan, President and Chief Executive Officer, will present live at VirtualInvestorConferences.com on October 7th.  
Sep 21, 2021 05:05 pm ET
Alvopetro Initiates US$0.06 Per Share Quarterly Dividend
CALGARY, AB, Sept. 21, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOD) announces that our Board of Directors has declared a quarterly dividend of US$0.06 per common share, payable in cash on October 15, 2021 to shareholders of record on September 29, 2021. This dividend is designated as an "eligible dividend" for Canadian income tax purposes.  Alvopetro's cash flows are linked to US dollars and as such, dividends are being paid in US dollars. Alvopetro has also given our lender notice of an additional US$1.0 million repayment of our credit facility that will bring the amount
Sep 10, 2021 07:15 am ET
Alvopetro Announces August Sales Volumes & Share Restructuring Update
CALGARY, AB, Sept. 10, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOD) announces August sales volumes of 2,431 boepd based on field estimates, including natural gas sales of 13.9 mmcfpd, associated natural gas liquids sales from condensate of 105 bopd, and oil sales of 6 bopd, an increase of 1% from our average sales volumes of 2,412 boepd in July.  Effective August 1, 2021, our natural gas price under our long-term gas sales agreement was adjusted to BRL1.31/m3 or $7.72/mcf based on our average heat content to date of 107% and the July 30, 2021 BRL/USD foreign exchange rate of
Sep 07, 2021 07:00 am ET
Alvopetro Announces Completion of Share Consolidation and Split
CALGARY, AB, Sept. 7, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF), ("Alvopetro", or the "Company") announces that pursuant to a special resolution passed by shareholders on August 12, 2021, a final order from the Alberta Court of Queen's Bench and the conditional approval of the TSX Venture Exchange (the "TSXV"), we have completed our previously announced arrangement, which involved a 2,100 to 1 share consolidation followed immediately by a 1 to 700 share split (the "Share Restructuring"). Shareholders who held less than 2,100 common shares at the close of business on Septe
Aug 11, 2021 05:29 pm ET
Alvopetro Announces Second Quarter 2021 Results
CALGARY, AB, Aug. 11, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces our second quarter 2021 financial results, an operational update and details of our upcoming annual general meeting.  
Aug 04, 2021 07:12 am ET
Alvopetro Announces July Sales Volumes
CALGARY, AB, Aug. 4, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces July sales volumes of 2,412 boepd, including natural gas sales of 13.9 mmcfpd and associated natural gas liquids sales from condensate of 103 bopd, based on field estimates, an increase of 2% from our average sales volumes of 2,361 boepd in the second quarter. In addition, our semi-annual natural gas price determination under our long-term gas sales agreement was completed effective August 1, 2021, with a new contracted natural gas price of BRL1.31/m3, a 24% increase from our February 1, 2021 contrac
Jul 21, 2021 04:38 pm ET
Alvopetro Announces Annual General and Special Meeting, Share Restructuring and Small Lot Buyback
CALGARY, AB, July 21, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF), ("Alvopetro", or the "Company") announces details of its upcoming Annual General and Special Meeting (the "Meeting"). The Meeting will be held on Thursday August 12, 2021, beginning at 2:00 pm. To proactively deal with the COVID-19 pandemic and to mitigate potential health and safety risks, the Meeting will be conducted via webcast. Alvopetro's management and directors believe this format will provide shareholders a safer opportunity to attend the Meeting given ongoing restrictions on travel and public gathe
Jul 06, 2021 07:03 am ET
Alvopetro Celebrates Caburé Project's One-year Anniversary
CALGARY, AB, July 6, 2021 /CNW/ - All references herein to $ refer to United States dollars, unless otherwise stated.
Jun 28, 2021 07:49 pm ET
Alvopetro Announces Incentive Share Grants
CALGARY, AB, June 28, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces that the Board of Directors, in consultation with management, have approved a grant of 500,000 deferred share units ("DSUs") under the Company's Incentive Share Plan to the non-executive directors of the Board.  The DSUs were granted in appreciation of the contribution efforts of each director to the Company's achievements and in recognition of the fact that in prior years, the annual cash compensation to each director was well below compensation paid by peer companies.  The DSUs were granted on Jun
Jun 03, 2021 07:10 am ET
Alvopetro Announces May 2021 Sales Volumes, Improved 2021 EBITDA Guidance, an Operational Update and Additional Early Debt Repayment
CALGARY, AB, June 3, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces May sales volumes, updated and improved 2021 EBITDA guidance, an operational update and plans to repay an additional $3.5 million of our outstanding credit facility balance.
May 12, 2021 05:47 pm ET
Alvopetro Announces First Quarter 2021 Results, Dividend Policy and Earnings Call
CALGARY, AB, May 12, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTC: ALVOF) announces our first quarter 2021 financial results, formalization of our dividend policy and upcoming plans for a small lot common share buy-back.  
May 05, 2021 07:00 am ET
Alvopetro Announces April Sales Volumes
CALGARY, AB, May 5, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces April sales volumes of 2,313 boepd, including natural gas sales of 13.3 mmcfpd and associated natural gas liquids sales from condensate of 99 bopd, based on field estimates, an increase of 6% from our average Q1 2020 sales volumes of 2,175 boepd.
May 03, 2021 07:00 am ET
Alvopetro Announces Debt Refinancing
CALGARY, AB, May 3, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV); (OTCQX: ALVOF) announces a favorable amendment to our existing senior secured credit facility (the "Facility").  The maturity date of the Facility has been extended by one year to October 8, 2023, the 3% per annum interest payable in kind ("PIK") has been eliminated effective April 15, 2021, and the covenants pertaining to the payment of dividends have been relaxed.   With the elimination of the PIK interest, the effective interest rate declines from 12.5% to 9.5%, a 24% savings.  The Facility will continue to be repayable a
Apr 06, 2021 07:00 am ET
Alvopetro Announces March Sales Volumes
CALGARY, AB, April 6, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces March sales volumes of 2,383 boepd, including natural gas sales of 13.7 mmcfpd and associated natural gas liquids sales from condensate of 103 bopd, based on field estimates. Our March sales volumes bring our estimated first quarter daily sales to 2,175 boepd, an increase of 11.5% from the fourth quarter. March sales volumes represent our highest average monthly sales volumes to-date, all due to increased demand from our offtaker, Bahiagás.
Mar 25, 2021 07:00 am ET
Alvopetro Announces Year-End 2020 Financial Results and Filing of Annual Information Form
CALGARY, AB, March 25, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces our year-end 2020 financial results and the filing of our annual information form.
Mar 23, 2021 07:28 pm ET
Alvopetro Announces Gomo Resource Assessment
CALGARY, AB, March 23, 2021 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV) (OTCQX: ALVOF) announces the results of an independent assessment of the Company's Gomo natural gas resource prepared by GLJ Ltd. ("GLJ") dated March 23, 2021 with an effective date of December 31, 2020 (the "GLJ Resource Report").   The GLJ Resource Report includes risked best estimate contingent resource of 3.5 mmboe with a before tax net present value discounted at 10% of $37.7 million and risked best estimate prospective resource of 12.1 mmboe with a before tax net present value discount at 10% $144.8 million.  The GL
Mar 09, 2021 06:00 am ET
Alvopetro Announces 21% Increase in 2P Reserves
CALGARY, AB, March 9, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces our reserves as at December 31, 2020 with total proved plus probable ("2P") reserves of 9.6 MMboe and a before tax value discounted at 10% of US$195.2 million, changes of 21% and (2%) respectively from our previous years reporting. The reserves data set forth herein is based on an independent reserve assessment and evaluation prepared by GLJ Ltd. ("GLJ") dated March 8, 2021 with an effective date of December 31, 2020 (the "GLJ Report").
Mar 02, 2021 06:00 am ET
Alvopetro Announces Record February Sales Volumes and Operational Update
CALGARY, AB, March 2, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) ($ figures are expressed in US$ unless otherwise noted) announces record daily average February sales volumes, updated results from our 183-1 deep basin Gomo natural gas well, and the early commencement of long-term debt repayments. 
Feb 08, 2021 07:35 am ET
Small and Microcap Company Investor Presentations Now Available for On-Demand Viewing
NEW YORK, Feb. 8, 2021 /PRNewswire/ -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the February 4th Small and Microcap Showcase are now available for on-demand viewing.
Feb 04, 2021 06:38 am ET
Alvopetro Announces January Sales Volumes, Semi-Annual Natural Gas Price Redetermination and Operational Update
CALGARY, AB, Feb. 4, 2021 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV; OTCQX: ALVOF, $ figures are expressed in US$ unless otherwise noted) 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.  
Jan 28, 2021 07:35 am ET
Live Investor Conference & Webinar: Small and Microcap Company Showcase on February 4th
Company executives will share vision and answer audience questions at VirtualInvestorConferences.com
Jan 28, 2021 07:35 am ET
Live Investor Conference & Webinar: Small and Microcap Company Showcase on February 4th
NEW YORK, Jan. 28, 2021 /PRNewswire/ -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Small and Microcap Showcase.  Individual investors, institutional investors, advisors and analysts are invited to attend. The program opens at 8:45 AM ET on Thursday, February 4th  with the first live webcast at 9:00 AM ET.
Jan 05, 2021 05:24 pm ET
Alvopetro Announces December Sales Volumes and Operational Update
CALGARY, AB, Jan. 5, 2021 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) (OTCQX: ALVOF) 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.    
Dec 07, 2020 06:00 am ET
Alvopetro Announces November Production and Operational Update
CALGARY, AB, Dec. 7, 2020 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) 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. 
Nov 12, 2020 04:56 pm ET
Alvopetro Announces October Production and Third Quarter 2020 Results
CALGARY, AB, Nov. 12, 2020 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) 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 ("GSA") with Bahiagás.  Commercial deliveries commenced on July 5th and we averaged daily natural gas sales of 10.1 mmcfpd (286 103m3/d) in the third quarter with associated natural gas liquids sales from condensate of 79 bopd for overall sales volumes in the quarter of 1,764 boepd.  Sales rose further in October with nat
Oct 13, 2020 05:07 pm ET
Alvopetro Announces September Production Volumes
CALGARY, AB, Oct. 13, 2020 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces September natural gas sales from our Caburé Project under our long-term Gas Sales Agreement ("GSA") with Bahiagás.  In September, daily sales averaged 10.7 mmcfpd (303 103m3/d), 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 September, averaging 10.1 mmcfpd for the third quarter.  Combined with average daily condensate s
Sep 08, 2020 07:00 am ET
Alvopetro Announces August Production and Prospective Resource Assessment of 2021 Exploration Prospects
CALGARY, AB, Sept. 8, 2020 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV) (OTCQX: ALVOF) announces August natural gas sales from our Caburé Project under our long-term Gas Sales Agreement ("GSA") with Bahiagás and a prospective resource assessment and evaluation of natural gas associated with our planned 2021 exploration drilling program. 
Aug 12, 2020 06:37 pm ET
Alvopetro Announces Second Quarter 2020 Results, Operational Update and Semi-Annual Gas Price Redetermination
CALGARY, AB, Aug. 12, 2020 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) (OTCQX: ALVOF) 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 ("GSA") 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 ramped up to our planned daily firm delivery rate of 10.6 mmcfpd (300
Jul 06, 2020 04:42 pm ET
Alvopetro Announces First Natural Gas Deliveries to Bahiagas from Flagship Caburé Project
CALGARY, AB, July 6, 2020 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) 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 up to our planned daily Firm delivery rate of 10.6 mmcfpd (300,000 m3/d).
May 14, 2020 08:36 am ET
Alvopetro Announces Gas Sales Agreement Amendment Doubling Firm Volumes, Operational Update and First Quarter 2020 Financial Results
CALGARY, May 14, 2020 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV; OTCQX: ALVOF) announces an amendment to our Gas Sales Agreement with Bahiagás, an operational update and our first quarter 2020 financial and operating results.
Apr 22, 2020 07:00 am ET
Alvopetro Announces Authorizations for Operation, Commencement of Commissioning, and Operational Update
CALGARY, April 22, 2020 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) announces the receipt of authorizations for operation of our Caburé Midstream Project, commencement of commissioning and an operational update.
Mar 19, 2020 07:15 pm ET
Alvopetro Announces Operational Update, Year-End 2019 Financial Results and Filing of Annual Information Form
CALGARY, March 19, 2020 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV; OTCQX: ALVOF) announces our year-end 2019 financial results, the filing of our annual information form and an operational update.
Mar 09, 2020 07:00 am ET
Alvopetro Announces 30% Increase in 2P Reserves & Operational Update
CALGARY, March 9, 2020 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV; OTCQX: ALVOF) announces our reserves as at December 31, 2019 with total proved plus probable ("2P") reserves of 7.9 MMboe and a before tax value discounted at 10% of US$198.2 million, increases of 30% and 37% respectively. The reserves data set forth herein is based on an independent reserve assessment and evaluation prepared by GLJ Petroleum Consultants ("GLJ") dated March 6, 2020 with an effective date of December 31, 2019 (the "GLJ Report").
Jan 30, 2020 04:01 pm ET
Alvopetro Announces Updated Gomo 183(1) Well Test Results
CALGARY, Jan. 30, 2020 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) ("Alvopetro") announces updated results from our post-stimulated Gomo 183(1) well test.
Jan 06, 2020 06:45 am ET
Alvopetro Announces Preliminary Gomo 183(1) Well Test and Operational Update
CALGARY, Jan. 6, 2020 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) ("Alvopetro") announces preliminary results from our post-stimulated Gomo 183(1) well test, and an operational update.
Nov 12, 2019 06:00 pm ET
Alvopetro Announces Operational Update and Third Quarter 2019 Financial and Operating Results
CALGARY, Nov. 12, 2019 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) ("Alvopetro") announces an operational update and our third quarter financial and operating results.
Oct 15, 2019 08:00 am ET
Alvopetro Announces Credit Facility Funding and Operational Update
CALGARY, Oct. 15, 2019 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) ("Alvopetro") announces first funding on our previously announced Credit Agreement and an operational update.
Sep 23, 2019 07:45 am ET
Alvopetro Announces US$15 Million Credit Facility
CALGARY, Sept. 23, 2019 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) ("Alvopetro") announces that we have entered into a US$15 million Credit Agreement (the "Facility") with Cordiant Capital Inc. and its affiliates ("Cordiant"). 
Sep 12, 2019 08:01 am ET
Sep 12, 2019 08:00 am ET
Alvopetro Announces Operational Update and Attendance at Fall Investor Summit
CALGARY, Sept. 12, 2019 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) announces an operational update on our Caburé Midstream Project consisting of our 11-kilometre transfer pipeline ("Transfer Pipeline") and our gas treatment facility (the "Facility").
Aug 26, 2019 07:00 am ET
Alvopetro Announces Block 57 Exploration Well Results
CALGARY, Aug. 26, 2019 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) announces that we have completed drilling our 57(A1) well, located on Block 57 in the Recôncavo basin in the State of Bahia, Brazil. The 57(A1) well reached a total measured depth of 1,499 metres and did not discover commercial quantities of hydrocarbons. Alvopetro is in the process of abandoning the wellbore. The 57(A1) well satisfies our exploration work commitment on the block, subject to the approval of the National Agency of Petroleum, Natural Gas and Biofuels of Brazil. 
Aug 14, 2019 06:40 pm ET
Alvopetro Announces Operational Update and Second Quarter 2019 Financial and Operating Results
CALGARY, Aug. 14, 2019 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) announces an operational update and our second quarter financial and operating results.
Jun 25, 2019 06:21 pm ET
Alvopetro Announces Annual General Meeting Presentation and Voting Results
CALGARY, June 25, 2019 /CNW/ - Alvopetro Energy Ltd. ("Alvopetro" or the "Company") (TSX-V: ALV; OTCQX: ALVOF) held its annual general meeting ("AGM") of shareholders on June 25, 2019. 
Jun 12, 2019 04:30 pm ET
Alvopetro Announces Operational Update
CALGARY, June 12, 2019 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) announces a permitting and operational update for the construction of our strategic midstream infrastructure (100% Alvopetro) underpinning the commercialization of our Caburé natural gas field (49.1% Alvopetro).  This midstream infrastructure includes an 11-kilometre transfer pipeline (the "Transfer Pipeline") and the construction of a gas treatment facility (the "Facility").
May 14, 2019 05:21 pm ET
Alvopetro Announces Operational Update and First Quarter Financial and Operating Results
CALGARY, May 14, 2019 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) announces an operational update and our first quarter financial and operating results.
May 10, 2019 09:04 am ET
Alvopetro Announces Receipt of Environmental Permits to Commence Pipeline and Gas Treatment Facility Construction
CALGARY, May 10, 2019 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) announces that INEMA, the Bahia State environmental regulator, has issued the environmental installation permits required to commence the construction of our strategic midstream infrastructure (100% Alvopetro) underpinning the commercialization of our Caburé natural gas field (49.1% Alvopetro).  This midstream infrastructure includes an 11-kilometre transfer pipeline and the construction of a gas treatment facility (the "Facility").  All pipe for the transfer pipeline has already been shipped to the field staging
Mar 21, 2019 04:30 pm ET
Alvopetro Announces Operational Update, Year-End 2018 Financial Results and Filing of Annual Information Form
CALGARY, March 21, 2019 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV; OTCQX: ALVOF) announces our year-end 2018 financial results, the filing of our annual information form and an operational update.
Mar 07, 2019 06:27 pm ET
Alvopetro Announces December 31, 2018 Reserves & Operational Update
CALGARY, March 7, 2019 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV; OTCQX: ALVOF) announces our reserves as at December 31, 2018 with total proved plus probable ("2P") reserves of 6.1 MMboe and a before tax value discounted at 10% of US$145.0 million. The reserves data set forth herein is based upon an independent reserve assessment and evaluation prepared by GLJ Petroleum Consultants ("GLJ") dated March 7, 2019 with an effective date of December 31, 2018 (the "GLJ Report").
Jan 15, 2019 06:00 am ET
Alvopetro Commences Trading on the OTCQX Market
CALGARY, Jan. 15, 2019 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV; OTCQX: ALVOF) announces that our common shares are now trading on the OTCQX® Best Market, a U.S. market operated by OTC Markets Group (OTCQX: OTCM), under the symbol "ALVOF".  Alvopetro shares will continue to trade on the TSX Venture Exchange under the symbol "ALV". United States investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Jan 15, 2019 06:00 am ET
OTC Markets Group Welcomes Alvopetro Energy Ltd. to OTCQX
NEW YORK, Jan. 15, 2019 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Alvopetro Energy Ltd (TSX-V: ALV;  OTCQX: ALVOF), an independent upstream and midstream operator in Brazil, has qualified to trade on the OTCQX® Best Market. Alvopetro Energy upgraded to OTCQX from the Pink® market.
Nov 26, 2018 07:00 am ET
Alvopetro Awards Pipeline Construction Contract and Hires Investor Relations Firm
CALGARY, Nov. 26, 2018 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) has awarded the contract for the construction of our 11-kilometre transfer pipeline.  Alvopetro has also retained the services of Renmark Financial Communications Inc. ("Renmark") to assist with investor relations activities.
Nov 14, 2018 04:39 pm ET
Alvopetro Announces Operational Update and Third Quarter Financial and Operating Results
CALGARY, Nov. 14, 2018 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) announces an operational update and our third quarter financial and operating results.
Oct 16, 2018 06:23 pm ET
Alvopetro Announces Equity Financing
CALGARY, Oct. 16, 2018 /CNW/ - Alvopetro Energy Ltd. ("Alvopetro" or the "Company") (TSX-V:ALV) announces that it has completed a private placement (the "Private Placement") for aggregate gross proceeds of US$4,026,400 (CAD$5,176,800).  The Company intends to use the net proceeds from the Private Placement to advance its Caburé natural gas project in Bahia State in Brazil as well as for ongoing general corporate purposes.
Oct 16, 2018 06:23 pm ET
Alvopetro Announces Equity Financing
CALGARY, Oct. 16, 2018 /PRNewswire/ - Alvopetro Energy Ltd. ("Alvopetro" or the "Company") (TSX-V:ALV) announces that it has completed a private placement (the "Private Placement") for aggregate gross proceeds of US$4,026,400 (CAD$5,176,800).  The Company intends to use the net proceeds from the Private Placement to advance its Caburé natural gas project in Bahia State in Brazil as well as for ongoing general corporate purposes.
Sep 21, 2018 08:00 am ET
Alvopetro Announces Natural Gas Treatment Facility Construction and Operating Agreement
CALGARY, Sept. 21, 2018 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) announces the award of the contract for the construction of our Natural Gas Treatment Facility (the "Facility") in the state of Bahia in Northeast Brazil. This facility is the key strategic asset underpinning our natural gas development project and will be the first 100% independently owned treatment facility in Brazil capable of delivering sales specification natural gas.
Aug 15, 2018 05:00 pm ET
Alvopetro Announces Operational Update and Second Quarter Financial and Operating Results
CALGARY, Aug. 15, 2018 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) announces an operational update and our second quarter financial and operating results.
Aug 09, 2018 12:33 pm ET
U.S. Shale, Offshore, Latin American and Private Oil and Gas Producers to Speak at EnerCom's - The Oil & Gas Conference® - Aug. 19-22
DENVER, Aug. 9, 2018 /PRNewswire/ -- The 23rd annual EnerCom conference will deliver the best of the industry to the Denver Downtown Westin Hotel on Aug. 19-22, 2018.
Jul 25, 2018 08:45 am ET
What to Expect from the 23rd EnerCom - The Oil & Gas Conference®
DENVER, July 25, 2018 /PRNewswire/ -- An impressive roster of CEOs across the upstream and oilfield service and technology spectrum will be at the Denver Downtown Westin Hotel Aug. 20, 21 and 22, 2018, to give presentations at EnerCom's The Oil & Gas Conference®.
Jun 06, 2018 05:38 pm ET
Alvopetro Announces Natural Gas Reserves
CALGARY, June 6, 2018 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) announces the completion of an independent reserves evaluation of our Caburé natural gas field and the Gomo gas discovered from our 183(1) and 197(1) wells, assigning total proved plus probable ("2P") reserves of 5.7 MMboe with a before tax value discounted at 10% of US$124.0 million. Including these reserves, Alvopetro's net asset value has increased to CAD$2.20 per share.
May 15, 2018 04:46 pm ET
Alvopetro Announces Operational Update and First Quarter Financial and Operating Results
CALGARY, May 15, 2018 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) announces an operational update, our first quarter financial and operating results, and the annual grant of stock options to employees, directors and officers.
May 07, 2018 09:02 am ET
Alvopetro Announces Long-Term Natural Gas Sales Agreement and Strategy
CALGARY, May 7, 2018 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) announces a long-term natural gas sales agreement (GSA) and our natural gas commercialization plan.  These agreements are the foundation for unlocking significant value from our natural gas opportunities, including the value associated with our recently unitized Caburé natural gas field.  This is a precedent-setting agreement, being Bahiagás' first GSA with an independent producer in the State of Bahia. 
Apr 20, 2018 07:00 am ET
Alvopetro Announces Caburé Unit Development Plan and Unitization Agreements
CALGARY, April 20, 2018 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) announces the finalization of the required unitization agreement (UOA) and the unit development plan for our Caburé natural gas field (the 197(2) and 198(A1) wells). 
Mar 20, 2018 09:25 pm ET
Alvopetro Announces Operational Update, Year-end 2017 Financial Results and Filing of Annual Information Form
CALGARY, March 20, 2018 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) announces our year-end 2017 financial results, the filing of our annual information form and provides an operational update.
Mar 05, 2018 08:06 pm ET
Alvopetro Announces 2017 Reserves
CALGARY, March 5, 2018 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) announces our 2017 reserves.
Feb 27, 2018 06:00 am ET
Alvopetro Announces Results from 183(1) Well Test
CALGARY, Feb. 27, 2018 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) announces results from our 183(1) well test, located on Block 183 (100% working interest) in the Recôncavo basin in the State of Bahia, Brazil. We originally drilled the 183(1) well in 2014 to a total depth of 3,550 metres and, based on open-hole logs, encountered 168 metres of potential net hydrocarbon pay over several separate intervals, using a 6% porosity cut-off.  We initially planned to test two intervals and potentially a third contingent interval.
Jan 15, 2018 06:00 am ET
Alvopetro Provides Unitization and Operational Update
CALGARY, Jan. 15, 2018 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to announce initial results from the ANP Arbitration in connection with the unitization of our Caburé natural gas field (the 197(2) and 198(A1) wells) with the adjacent resource owners.
Nov 15, 2017 05:36 pm ET
Alvopetro Announces Operational Update and Third Quarter Financial and Operating Results
CALGARY, Nov. 15, 2017 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to announce an operational update and our third quarter financial and operating results.
Sep 07, 2017 10:00 am ET
Alvopetro Announces Block 177 Update
CALGARY, Sept. 7, 2017 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) announces that we have completed drilling our 177(A1) well on Block 177 in the Tucano basin in the State of Bahia, Brazil. The 177(A1) well was drilled to a total measured depth of 1,100 metres and did not discover commercial quantities of hydrocarbons.  We plan to abandon the well.  The 177(A1) well satisfies approximately half of our current phase exploration work commitment for this block, subject to the approval of the National Agency of Petroleum, Natural Gas and Biofuels ("ANP").   
Aug 16, 2017 05:30 pm ET
Alvopetro Announces Operational Update and Second Quarter Financial and Operating Results
CALGARY, Aug. 16, 2017 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to announce an operational update, including multiple Notices of Discovery on Block 107, and our second quarter financial and operating results.
Jun 28, 2017 11:55 pm ET
Alvopetro announces voting results and operational update
CALGARY, June 28, 2017 /CNW/ - Alvopetro Energy Ltd. ("Alvopetro" or the "Company") (TSX-V:ALV) is pleased to announce the results of voting at its annual general meeting held on June 28, 2017 and provide an operational update.
May 16, 2017 08:48 pm ET
Alvopetro Announces Operational Update and First Quarter Financial and Operating Results
CALGARY, May 16, 2017 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to announce an operational update and our first quarter financial and operating results.
Mar 21, 2017 08:55 pm ET
Alvopetro Announces Operational Update, Year-End 2016 Financial Results and Filing of Annual Information Form
CALGARY, March 21, 2017 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to announce an operational update, fourth quarter 2016 and year-end 2016 financial results and filing of our annual information form.
Mar 13, 2017 10:51 pm ET
Alvopetro Announces Second Production Test from 198(A1) Well
CALGARY, March 13, 2017 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to announce production test results from the second interval tested in our 198(A1) well.
Mar 06, 2017 10:03 pm ET
Alvopetro announces 2016 reserves
CALGARY, March 6, 2017 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to announce our 2016 reserves.
Mar 03, 2017 08:00 am ET
Alvopetro Announces Initial Test of 198(A1) Well
CALGARY, March 3, 2017 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to announce results from the first interval tested in our 198(A1) well.
Jan 30, 2017 08:00 am ET
Alvopetro announces 198(A1) well results
CALGARY, Jan. 30, 2017 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to announce successful results from our 198(A1) well, located on Block 198 in the Recôncavo basin in the State of Bahia, Brazil.  The 198(A1) well was drilled as both a step out well to our 197(2) natural gas discovery in the Caruaçu Member, and to target uphole exploration potential.  The well also fulfilled our Block 198 exploratory phase commitments, subject to the approval of the National Agency of Petroleum, Natural Gas and Biofuels ("ANP").
Dec 15, 2016 07:00 am ET
Alvopetro Announces Executive Compensation and Grant of Stock Options
CALGARY, Dec. 15, 2016 /CNW/ - Alvopetro Energy Ltd. (TSXV:ALV) announces executive compensation and annual grant of stock options. Alvopetro is continuing to freeze executive salaries and once again will not be awarding cash bonuses for the 2016 service year.
Nov 16, 2016 07:17 pm ET
Alvopetro Announces Operational Update and Third Quarter Financial and Operating Results
CALGARY, Nov. 16, 2016 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to provide an operational update and announce our third quarter financial and operating results.  
Sep 22, 2016 08:00 am ET
Alvopetro Announces Block 256 Update
CALGARY, Sept. 22, 2016 /CNW/ - Alvopetro Energy Ltd. ("Alvopetro") (TSX-V:ALV) announces that we have completed drilling our 256(A1) well, located on Block 256 in the Recôncavo basin in the State of Bahia, Brazil. The 256(A1) well reached a total measured depth of 2,292 metres and did not discover commercial quantities of hydrocarbons. We plan to abandon the well. The 256(A1) well satisfies our current phase exploration work commitment with the Agencia Nacional do Petróleo, Gás Natural e Biocombustíveis of Brazil. 
Sep 21, 2016 05:25 pm ET
Alvopetro Announces Block 107 Farmout
CALGARY, Sept. 21, 2016 /CNW/ - Alvopetro Energy Ltd. ("Alvopetro") (TSX-V:ALV) is pleased to announce that we have entered into a Farm-out Agreement (the "Farm-out") with an independent third party ("Farmee") whereby the Farmee will acquire a 95% participating interest in Block 107 from Alvopetro.  Block 107 is 7,561 acres, was acquired by Alvopetro in the 11th Brazil Bid Round and has an initial exploratory phase expiry of March 1, 2017. 
Aug 23, 2016 07:16 pm ET
Alvopetro Announces Operational Update and Second Quarter Financial and Operating Results
CALGARY, Aug. 23, 2016 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to provide an operational update and announce our second quarter financial and operating results.  
May 17, 2016 08:03 pm ET
Alvopetro Announces Operational Update and First Quarter Financial and Operating Results
CALGARY, May 17, 2016 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to provide an operational update and announce our first quarter financial and operating results.  
Apr 06, 2016 05:37 pm ET
Alvopetro Announces 2016 Capital Plan, Year-End 2015 Financial Results and Filing of Annual Information Form
Alvopetro Energy Ltd. (TSX VENTURE: ALV) is pleased to announce our 2016 capital plan, fourth quarter 2015 and year-end 2015 financial results and the filing of our annual information form.
Mar 22, 2016 06:09 pm ET
Alvopetro Announces 2015 Reserves and Contingent Resources
Alvopetro Energy Ltd. (TSX VENTURE: ALV) is pleased to announce our 2015 reserves and contingent resources. 2015 Highlights Alvopetro began 2015 with 11 conventional exploration prospects. We had two conventional exploration successes...
Mar 17, 2016 04:00 pm ET
Alvopetro Announces Block 170 Update
Alvopetro Energy Ltd. (TSX VENTURE: ALV) announces that we have completed drilling our 170(B1) well, located on Block 170 in the Reconcavo basin in the State of Bahia, Brazil. The 170(B1) well reached a total measured depth of 1,487 metres and did not discover commercial quantities of hydrocarbons. We plan to abandon the well. The 170(B1) well satisfies our current phase exploration work commitment with the Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis of Brazil ("ANP").
Mar 02, 2016 08:00 am ET
Alvopetro Announces Management Change
Alvopetro Energy Ltd. (TSX VENTURE: ALV) announces that Mr. E. John Koch, Chief Operating Officer of Alvopetro, is no longer with the company. We thank him for his service and wish him well in his future endeavors.