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Alvopetro Announces January 2023 Sales Volumes, our Semi-Annual Natural Gas Price Redetermination, 2023 Capital Plans and an Operational Update
Alvopetro Announces January 2023 Sales Volumes, our Semi-Annual Natural Gas Price Redetermination...
About this update from Alvopetro Energy Ltd.
[{"type":"text","content":"\n \n \n \n Alvopetro Announces January 2023 Sales Volumes, our Semi-Annual Natural Gas Price Redetermination, 2023 Capital Plans and an Operational Update\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: MIDDLE; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Feb. 6, 2023\n \n \n /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces\n \n January 2023\n \n sales volumes, our\n \n February 1, 2023\n \n natural gas price redetermination, our 2023 capital plan and an operational update.\n \n \n \n President and CEO,\n \n Corey Ruttan\n \n commented:\n \n \n \n \n \"Building on our record year in 2022 we are looking forward to our 2023 capital plan.  Our focus this year is on adding production and reserves from our lower risk development opportunities. We have made the key infrastructure investments necessary to realize the full potential from our Murucututu natural gas project. This project has significant reserves and resources and our goal is to unlock this potential with a multi-year development plan starting this year.\"\n \n \n \n \n \n January 2023\n \n sales volumes\n \n \n \n January sales volumes averaged 2,754\n \n \n boepd, including natural gas sales of 15.6\n \n \n MMcfpd, associated natural gas liquids sales (condensate) of 141 bopd, and 5 bopd of oil sales, based on field estimates, a 1% increase from our Q4 average daily volumes.\n \n \n \n Operational Update and 2023 Capital Plans\n \n \n \n \n Murucututu (100% Alvopetro)\n \n \n \n On our Murucututu project, we ...