Alvopetro Energy Ltd V.ALV

Alternate Symbol(s): ALVOF

Energy Oil & Gas E&P

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. 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. Its Murucututu natural gas project extends across Blocks 183 and 197, both held 100% by the Company. There are three existing wells at the field, including the 197(1) well, the 183(1) well, and the 183-A3 well.

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Alvopetro Energy Ltd

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Post by Ladrianon Jan 20, 2021 4:27am

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Post# 32331508

EBIDTA ‘21 - US$ 17M / Market Cap US$ 60M / Why?

Has anyone got thoughts on why this company is so undervalued. I am trying to understand what may be the catch? Assets are cash flow generating. Management is established. Debt under control and I understand to be shortly optimised by way of refinancing on better terms. One well (Block 183?) to be shorlty confirmed commercial with pipeline authorisation approved. Two more wells being drilled and results expected by the summer. CEO mentioning that if successful may be transformational from the Company. How can it be so undervalued. Opinions welcome?

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Advancing flagship Ishkõday Gold Project in Ontario