Mr. Corey Ruttan reports
ALVOPETRO ANNOUNCES JUNE 2025 SALES VOLUMES
Alvopetro Energy Ltd. had June, 2025, sales volumes of 2,514 barrels of oil equivalent per day (boepd), based on field estimates. In Brazil, June sales volumes averaged 2,364 boepd, including natural gas sales of 13.2 million cubic feet per day (mmcfpd), associated natural gas liquids sales from condensate of 147 barrels of oil per day (bopd), and oil sales of nine bopd. In Canada, June sales volumes averaged 149 bopd. This brings the company's Q2 (second quarter) 2025 average daily sales volumes to 2,436 boepd, based on field estimates.
Corporate presentation
Alvopetro's updated corporate presentation is available on the company's website.
Alvopetro is deploying a balanced capital allocation model where it seeks to reinvest roughly half of its 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 the company is building off the strength of its Cabure and Murucututu natural gas fields, and the related strategic mid-stream infrastructure.
We seek Safe Harbor.
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