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5.61000 USD
0.205
3.79%
Last update Feb 9, 2:01 PM EST
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Day range
5.47000
5.70000
Previous close
5.40500
Open
5.47000
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Alvopetro Energy Ltd.
5.61
0.21
3.79%

Overview

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Description

Alvopetro Energy Ltd. is an independent upstream oil and gas company engaged in the exploration, development, and production of hydrocarbon resources, primarily in Brazil. Its primary function is to discover and monetize petroleum and natural gas deposits, contributing to the global energy supply chain. Alvopetro's portfolio includes a significant focus on the development of its natural gas resources in the Recôncavo Basin, an area known for its potential in onshore gas production. The company's operations align with efforts to enhance energy security and offer more sustainable fuel options by focusing on natural gas, a cleaner-burning fossil fuel. Given the growing global emphasis on energy transition, Alvopetro plays a crucial role in supplying natural gas, which is considered vital for bridging the gap between traditional hydrocarbons and renewable energy sources. Founded to capitalize on Brazil's prolific oil and gas reserves, Alvopetro Energy Ltd. contributes to regional energy independence and economic growth through job creation and the development of local infrastructure.

About

CEO
Mr. Corey Christopher Ruttan CA
Employees
53
Address
255 – 17th Avenue SW
Suite 401
Calgary, T2S 2T8, AB
Canada
Phone
587-794-4224
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas E&P
Country
United States
MIC code
OTCQ
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