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Alvopetro Energy Ltd V.ALV

Alternate Symbol(s):  ALVOF

Alvopetro Energy Ltd. is a Canada-based company, which is engaged in the exploration for, and the acquisition, development and production of, hydrocarbons in Brazil. The Company is specialized in the development of Brazil's independent onshore natural gas industry with the Company's Cabure natural gas asset and midstream projects. It has interests in the Cabure and Murucututu natural gas assets, two exploration blocks (Block 182 and Block 183) and two oil fields (Bom Lugar and Mae-da-lua), in the Reconcavo basin onshore Brazil. The Cabure Field extends across four blocks in the Reconcavo Basin in the state of Bahia in Brazil, two of which are held by the Company and two of which are held by its partner. The Company's Murucututu natural gas project extends across Blocks 183 and 197, both held 100% by it. The Company is producing approximately 14 barrels of oil and/or natural gas liquids (condensate) per day (bopd) based on field estimates.


TSXV:ALV - Post by User

Comment by Ladrianon Mar 31, 2021 1:35am
78 Views
Post# 32912013

RE:The Best Junior Oil on the Bourses

RE:The Best Junior Oil on the BoursesHi Nozzpack, good to see you are following Alvo as well. Would be interested to get your rationnel on the valuation - in particular the five bagger logic. I happen to think the same, but the entire story has been taking a while (for good reasons as it has been proven in the summer of last year with production). What would be your time frame and the milestones the company should achieve to reach $4 - $5 / share? Thank you! Ladrian 
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