Alvopetro Energy (TSE:ALV) has released an update.
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Alvopetro Energy Ltd. reports increased April sales volumes and progress in their operational endeavors, including the completion of a chemical injection program that aims to boost well productivity, with further recompletion and completion projects underway. The company also secured a favorable decision in the redetermination of working interests in a unitized area, boosting its stake from 49.1% to 56.2%, despite facing a dispute from its partner which is heading to international arbitration.
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