Alvopetro Energy (TSE:ALV) has released an update.
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Alvopetro Energy Ltd. reports a decline in February 2024 sales volumes to 1,477 barrels of oil equivalent per day, primarily due to reduced natural gas nominations from Bahiagás. The decrease includes natural gas sales of 8.3 million cubic feet per day and smaller contributions from natural gas liquids and oil sales. Anticipated recovery is on the horizon with deliveries to Bahiagás increased again in March.
For further insights into TSE:ALV stock, check out TipRanks’ Stock Analysis page.
