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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

Post by OilIsStillKingon Sep 23, 2021 9:28am
164 Views
Post# 33904195

Bullish

BullishI'm very bullish on this one.  I've had a little money in it since '15, but moved to an "all in" position after they completed the pipeline and city gate.  Very happy to see it starting to pay off.  Hopefully with a 7% dividend (and rising from what I understand from previous statements about 2021 dividends) we start seeing some institutional investment and this thing get some real legs.

Is OilMan still lurking around this board trying to get everyone to short this thing?
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