The Conversation (0)
- NORTH AMERICA EDITIONAustraliaNorth AmericaWorld
November 15, 2024
In a recent interview with Alvopetro Energy (TSXV:ALV,OTCQX:ALVOF) President and CEO Corey Ruttan, he expressed confidence that his company is set to become a key player in Brazil’s open gas market.
Alvopetro's natural gas sales increased to 187 percent in October of this year, according to the company. With higher overall sales volumes, revenue rose to $12.9 million, an increase of $0.6 million from Q3 2023 and $2.2 million from Q2 2024.
To date, Alvopetro’s production accounts for roughly 13 percent of the natural gas produced in Bahia, and with investments already made in its gas production infrastructure and pipelines, any new natural gas discoveries moving forward can be quickly converted into production and cashflow.
Watch the full interview with Alvopetro Energy President and CEO Corey Ruttan.
ALV:CC
Sign up to get your FREE
Alvopetro Energy Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
Alert Options
No alert set
INN Article Notification
Alert Option
You will be notified when this event occurs. No additional settings needed.
20 May
Alvopetro Energy
Integrated natural gas and energy growth platform in Brazil and Canada
Integrated natural gas and energy growth platform in Brazil and Canada Keep Reading...
5h
New Report from KBR Supports Potential for US$1.75/kg Hydrogen from Syntholene's Geothermal-SOEC Platform
Technical Review from KBR Highlights the Advantages of Syntholene's Geothermally Integrated Solid Oxide Electrolyzer Cells for Step Change Reduction in Hydrogen Cost
Syntholene Energy Corp. (TSXV: ESAF) (FSE: 3DD0) (OTCQB: SYNTF) ("Syntholene" or the "Company") announced today an independent technical and economic review evaluating Syntholene's geothermal-integrated hydrogen production platform and its potential application to low-carbon fuels, including... Keep Reading...
06 July
Alvopetro Announces June Sales Volumes, an Operational Update and Quarterly Natural Gas Pricing Update
Alvopetro Energy Ltd. (TSXV: ALV,OTC:ALVOF) (OTCQX: ALVOF) announces June sales volumes of 2,990 boepd (based on field estimates). In Brazil, June sales averaged 2,834 boepd, including natural gas sales of 16.0 MMcfpd, associated natural gas liquids sales from condensate of 172 bopd and oil... Keep Reading...
02 July
PEP11 Update - Advent to appeal Federal Court Judgement
MEC Resources (MMR:AU) has announced PEP11 Update - Advent to appeal Federal Court JudgementDownload the PDF here. Keep Reading...
02 July
Top 5 Australian Mining Stocks This Week: NuEnergy Jumps on Natural Gas Contract for CBM Wells
Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.The top stocks are led by a natural gas company for the second week in a row, joined by those focused on a mix of copper, rare earth elements and critical metals.Read on to discover this week's... Keep Reading...
01 July
Kinetiko Adopts Field Development Plan
Kinetiko Energy (KKO:AU) has announced Kinetiko Adopts Field Development PlanDownload the PDF here. Keep Reading...
Latest News
Sign up to get your FREE
Alvopetro Energy Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00