ALVOF News and Press, Alvopetro Energy From 05/16/22

First quarter results reflect higher prices. Revenues in the 2022 first quarter were $14.0m versus $6.9m and our $13.4m projection. Higher revenues reflect a 15% increase in production and a 48% increase in prices ($10.03/mcf). As a result of higher prices, operating netbacks rose to $53.94/bo...

Alvopetro Energy Ltd. (ALVOF) Q1 2022 Earnings Conference Call May 13 2022, 09:00 ET Company Participants Corey Ruttan - CEO & President Alison Howard - CFO Conference Call Participants Presentation Corey Ruttan Good morning. Thanks for joining us today for our Q1 2022 Results Webcast. I'...

Alvopetro Energy press release (OTCQX:ALVOF): Q1 GAAP EPS of $0.30. Revenue of $13.97M (+101.3% Y/Y). Our daily sales averaged 2,501 boepd in Q1 2022, a 15% increase from the Q1 2021 average of 2,175 boepd and a 3% increase from the Q4 2021 average of 2,432 boepd. In Q1 2022, 96% of our sales...

Alvopetro Announces Record First Quarter 2022 Results, an Operational Update, Additional Debt Repayment, and Details of our Annual and Special Meeting Canada NewsWire CALGARY , AB , May 12, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) ann...

Alvopetro reported April sales volumes of 2,494 barrel of oil equivalent per day (boepd). Results were slightly below March sales volumes of 2,512 boepd and March quarter levels of 2,501 boepd reflecting natural well production declines. Results were slightly above the 2,461 boepd rate we have...

Alvopetro Announces April 2022 Sales Volumes and Q1 2022 Results Webcast Canada NewsWire 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 M...

Alvopetro Energy (ALVOF) formal corporate presentation from NobleCon18 - Noble Capital Markets 18th Annual Small & Microcap Investor Conference - April 2022. Read More >>

Energy stocks, as measured by the XLE Energy Index, continued their torrid pace rising 41% in the quarter and far outpacing the overall market. The increase reflects higher oil and gas prices during the quarter, much of which can be attributed to the conflict between Russia and Ukraine. That s...

Alvopetro Announces Discovery at 182-C1 Well Canada NewsWire CALGARY, AB , April 21, 2022 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces that we have completed drilling the 182-C1 well on our 100% owned and operated Block 182 in t...

Alvopetro Energy provides a preview of their upcoming presentation at NobleCon18 NobleCon18 - Noble Capital Markets 18th Annual Small and Microcap Investor Conference - April 19-21, 2022 - Hard Rock, Hollywood, FL 100+ Public Company Presentations | Scheduled Breakouts | Panel Presentations | ...