Alvopetro Energy Ltd Stock (ALV.V)

Company description

Alvopetro Energy Ltd logo Alvopetro Energy Ltd. is engaged in the exploration for, and the acquisition, development and production of, hydrocarbons. The Company's assets include acreage licensed in four hydrocarbon basins, the Reconcavo, Tucano, Camamu- Almada and Sergipe-Alagoas. The Reconcavo Basin is a 10,200 square kilometer onshore basin, centered 85 kilometers north of the City of Salvador in northeast Brazil, in the province of Bahia. The exploration assets in the Reconcavo basin consist of Blocks 131, 132, 144, 157, 182, 196, 197, 183, 170, 106, and 107. The Company's assets in the Camamu-Almada Basin is the Jiribatuba mature field. The Sergipe-Alagoas Basin is an onshore offshore basin located approximately 300 kilometers northeast of Salvador.