Alvopetro's November sales volumes hit 2,851 boepd

Executive Summary

• Alvopetro Energy Ltd. reported November 2025 sales volumes totaling 2,851 boepd, driven primarily by natural gas production in Brazil.
• Brazilian operations accounted for the majority of production at 2,702 boepd, with significant natural gas deliveries exceeding firm contracted volumes, despite minor disruptions from planned facility shutdowns.
• Canadian operations contributed a smaller volume of 149 bopd, while the company continues to balance capital allocation between organic growth in Brazil and Canada and returns to stakeholders.

Key Details

• Total Sales Volume: 2,851 boepd (based on field estimates).
• Brazil Operations:
  • Average sales: 2,702 boepd.
  • Natural gas sales: 15.1 MMcfpd.
  • Natural gas liquids (condensate) sales: 163 bopd.
  • Oil sales: 19 bopd.
  • Operational Note: Natural gas deliveries remained above firm contracted volumes for much of the month, partially offset by planned facility shutdowns lasting two days.
• Canada Operations:
  • Average sales: 149 bopd.
• Strategic Context: The company maintains a balanced capital allocation model, reinvesting roughly half of cash flows into organic growth (focusing on Cabure and Murucututu fields and mid-stream infrastructure) and returning the other half to stakeholders.