Alvopetro Announces June 2025 Sales Volumes
Alvopetro Announces June 2025 Sales Volumes |
| [03-July-2025] |
CALGARY, AB, July 3, 2025 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces June 2025 sales volumes of 2,514 boepd, based on field estimates. In Brazil, June sales volumes averaged 2,364 boepd, including natural gas sales of 13.2 MMcfpd, associated natural gas liquids sales from condensate of 147 bopd, and oil sales of 9 bopd. In Canada, June sales volumes averaged 149 bopd. This brings our Q2 2025 average daily sales volumes to 2,436 boepd, based on field estimates.
Corporate Presentation Alvopetro's updated corporate presentation is available on our website at: Social Media Follow Alvopetro on our social media channels at the following links: Alvopetro Energy Ltd. is deploying a balanced capital allocation model where we seek to reinvest roughly half our cash flows into organic growth opportunities and return the other half to stakeholders. Alvopetro's organic growth strategy is to focus on the best combinations of geologic prospectivity and fiscal regime. Alvopetro is balancing capital investment opportunities in Canada and Brazil where we are building off the strength of our Caburé and Murucututu natural gas fields and the related strategic midstream infrastructure. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Abbreviations:
BOE Disclosure The term barrels of oil equivalent ("boe") may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet per barrel (6 Mcf/bbl) of natural gas to barrels of oil equivalence is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. All boe conversions in this news release are derived from converting gas to oil in the ratio mix of six thousand cubic feet of gas to one barrel of oil. www.alvopetro.com SOURCE Alvopetro Energy Ltd. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Company Codes: OTC-QX:ALVOF, TorontoVE:ALV, OTC-BB:ALVOF, OTC-PINK:ALVOF |
