CALGARY,
AB, May 5, 2022 /CNW/ - Alvopetro Energy Ltd.
(TSXV: ALV) (OTCQX: ALVOF) announces April sales volumes of 2,494
boepd, including natural gas sales of 14.3 MMcfpd and associated
natural gas liquids sales from condensate of 107 bopd, based on
field estimates.
Upcoming Q1 2022 results
webcast
Alvopetro anticipates announcing Q1 2022 results on May 12, 2022 after markets close and will host a
live webcast to discuss the results at 8:00
am Mountain time on May 13,
2022. Details for joining the event are as follows:
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Date: May 13,
2022
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Time: 8:00 AM
Mountain/10:00 AM Eastern
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Link:
https://us06web.zoom.us/j/84318417369
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Dial-in Numbers:
https://us06web.zoom.us/u/kckYUds2mG
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Webinar ID: 843
1841 7369
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The webcast will include a question-and-answer period. Online
participants will be able to ask questions through the Zoom portal.
Dial-in participants can email questions directly to
socialmedia@alvopetro.com.
Corporate Presentation
Alvopetro's updated corporate presentation is available on our
website at:
http://www.alvopetro.com/corporate-presentation.
Social Media
Follow Alvopetro on our social media channels at the following
links:
Twitter -
https://twitter.com/AlvopetroEnergy
Instagram - https://www.instagram.com/alvopetro/
LinkedIn -
https://www.linkedin.com/company/alvopetro-energy-ltd
YouTube:
https://www.youtube.com/channel/UCgDn_igrQgdlj-maR6fWB0w
Alvopetro Energy Ltd.'s vision is to
become a leading independent upstream and midstream operator in
Brazil. Our strategy is to unlock
the on-shore natural gas potential in the state of Bahia
in Brazil, building
off the development of our Caburé natural gas field and our
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.
All amounts contained in this new release are in
United States dollars, unless
otherwise stated and all tabular amounts are in thousands of
United States dollars, except as
otherwise noted.
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Abbreviations:
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boepd
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=
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barrels of oil
equivalent ("boe") per day
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bopd
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=
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barrels of oil and/or
natural gas liquids (condensate) per day
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MMcf
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=
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million cubic
feet
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MMcfpd
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=
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million cubic feet per
day
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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 (6Mcf/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.
SOURCE Alvopetro Energy Ltd.