An anonymous director reports

ALVOPETRO ANNOUNCES FEBRUARY 2024 SALES VOLUMES

Alvopetro Energy Ltd. had February, 2024, sales volumes of 1,477 barrels of oil equivalent per day, including natural gas sales of 8.3 million cubic feet per day, associated natural gas liquids sales from condensate of 72 barrels of oil per day and oil sales of 19 bopd, based on field estimates. February sales volumes were impacted by reduced nominations from its offtaker, Bahiagas, mainly in the latter half of February. Effective March 1, 2024, deliveries to Bahiagas have increased back to over 10.6 MMcf/d.

Corporate presentation

Alvopetro's updated corporate presentation is available on its website.

Alvopetro's vision is to become a leading independent upstream and mid-stream operator in Brazil. Its strategy is to unlock the onshore natural gas potential in the state of Bahia in Brazil, building off the development of its Cabure natural gas field and its strategic mid-stream infrastructure.

We seek Safe Harbor.