Alvopetro Energy Ltd (TSX-V:ALV, OTC:ALVOF) reported average daily sales volumes of 2,446 barrels of oil equivalent per day (boepd) in the first quarter of 2025, marking a 41% increase from the previous quarter, according to field estimates.
In March, the company’s sales volumes reached 2,580 boepd, the company said in a statement.
That figure includes natural gas sales of 14.5 million cubic feet per day (MMcfpd), condensate sales of 146 barrels of oil per day (bopd), and oil sales of 12 bopd.
The Canadian energy company focuses on natural gas development in Brazil.