Alvopetro Energy (TSE:ALV) has released an update.
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Alvopetro Energy Ltd. reports a 29% increase in March 2024 sales volumes, averaging 1,911 barrels of oil equivalent per day (boepd), with a notable rise in natural gas sales. The first quarter faced challenges due to reduced nominations from their offtaker, but demand picked up in March. The company also outlines upcoming capital projects aimed at optimizing production from existing wells, scheduled for the second quarter.
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