ALV Stock Discussion
Alvopetro Energy Ltd. Description
Alvopetro Energy Ltd. is a resource company. The Company is engaged in the exploration for, and the acquisition, development and production of, hydrocarbons in the Reconcavo, Tucano and Camamu-Almada onshore Brazil. It holds interests in approximately two mature fields and over 14 exploration blocks consisting of approximately 140,510 gross acres onshore Brazil. The exploration assets consist of Blocks 182, 197, 183, 106, 107, 169, 198, 255, 256, 57, 62, 71 and 145 in the Reconcavo Basin, and Block 177 in the Tucano Basin and two mature producing fields (Bom Lugar and Jiribatuba). The Reconcavo Basin is approximately 10,200 square kilometers onshore basin, centered over 85 kilometers north of the City of Salvador in northeast Brazil, in the province of Bahia. The Tucano Basin is also located in the state of Bahia. The Camamu-Almada Basin is over 22,900 square kilometer and located in the southern portion of the coast of Bahia State over 30 kilometers of the city of Salvador.
Industry: Oil & Gas E&P
Keywords: Energy Carbon Hydrocarbons Bahia North Of The City
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