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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 Jun 09, 2021 5:10am
186 Views
Post# 33353512

RE:RE:RE:Breakout year for Alvopetro

RE:RE:RE:Breakout year for AlvopetroHi Specific, good to hear we agree on the significant upside value. Need to get the word out there. I suppose the Investement Relationship at Alvo should start being aggressive - they have the data and facts in their favor. Looking forward to an imminent uptick in the price to rebalance the market value and NAV. I guess it will be happening across the summer with the two new blocks being drilled and completion of the pipeline from Gomo to the UPGN for production towards year end. We could be in a situation with production at 3,000 to 3,500 boepd at year end. This of course, in addition to significant reserves increase. The immediate future is very bright! 
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