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Alvopetro Announces Operational Update
Alvopetro Announces Operational Update Canada NewsWire CALGARY, June 12, 2019 ...
About this update from Alvopetro Energy Ltd.
[{"type":"text","content":"\n\n\n\nAlvopetro Announces Operational Update\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\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, June 12, 2019\n\n\n\nCALGARY, June 12, 2019 /CNW/ - Alvopetro Energy Ltd. (TSX-V: ALV; OTCQX: ALVOF) announces a permitting and operational update for the construction of our strategic midstream infrastructure (100% Alvopetro) underpinning the commercialization of our Caburé natural gas field (49.1% Alvopetro).  This midstream infrastructure includes an 11-kilometre transfer pipeline (the \"Transfer Pipeline\") and the construction of a gas treatment facility (the \"Facility\").\nPermitting/Permissions\nOn May 10, 2019, INEMA, the Bahia State environmental regulator, issued the environmental installation permits required to commence construction, On May 22, 2019, the ANP issued their authorizations to commence physical construction of the Facility, On May 29, 2019, Bahiagas received the alteration licences required to construct the 15-kilometre extension of their distribution pipeline to their new city gate being construction at our Facility location, In May, Alvopetro finalized the formal documentation for surface land access to all 8 private landowners along the Transfer Pipeline right-of-way, and On June 12, 2019, the ANP issued their authorizations to commence physical construction of the Transfer Pipeline.Operational Update\nAll pipe for the Transfer Pipeline was shipped to our field staging area in February 2019.  Our contractor is currently preparing the Transfer Pipeline right-of-way and is mobilizing all equipment to begin field construction and installation.  \nOur Facility is being constructed by Enerflex Ltd. where they will construct, own and operate the Facility.  Enerflex is responsible for all operations and maintenance of the Facility and is warrantying the delivery schedule and on-stream performance of the Facility.  The majority of the processing skids for the Facility have been assembled, tested, and are now in-transit to Brazil.  Civil construction at the Facility site is underway and is schedul...