Alvopetro Energy Ltd (TSX-V:ALV, OTC:ALVOF) has reported February 2025 sales volumes of 2,285 barrels of oil equivalent per day (boepd).
This included natural gas sales of 13 million cubic feet per day (MMcfpd) and natural gas liquids (NGL) sales of 115 barrels per day (bopd).
Natural gas production came from the Caburé and Murucututu fields, with Caburé producing 10,950 Mcfpd and Murucututu contributing 2,065 Mcfpd.
This was a decline from January, when total natural gas sales were 13,788 Mcfpd. NGL sales also fell from 141 bopd in January to 115 bopd in February.
The company attributed the lower February sales to reduced demand in the last seven days of the month. However, it expects March sales to be in line with January’s levels.
Alvopetro Energy is an oil and gas company focused on developing natural gas resources in Brazil.