ALVOF - 5-20-18 Trickle Research Issues Update Report Alvopetro Energy Ltd. TSXV (ALV.V) OTC (ALVOF)
5-20-18 Trickle Research Issues Update Report Alvopetro Energy, Ltd., TSXV (ALV.V) OTC (ALVOF) 12-24 Month Price Target $1.10We have not provided many individual updates on Alvopetro since the initiating coverage (although we have provided some research notes to our subscribers). Succinctly, we generaly put out notes around the earnings releases, and since the Company is for all intents and purposes pre-revenue(aside from some limited well participation)the earnings updates are not particularly telling. That said, the Company did recently make an announcement that we think is important: May 10, 2019CALGARY , May 10, 2019 /CNW/ -Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) announces that INEMA, the Bahia State environmental regulator, has issued the environmental installation permits required to commence the construction of our strategic midstream infrastructure (100% Alvopetro) underpinning the commercialization of our Caburé natural gas field (49.1% Alvopetro).Click here for complete reportBlack Swan Connection Newsletter Signup