Alvopetro Energy Ltd. Stock Analysis ALV.V

Alvopetro Energy Ltd. engages in the exploration, acquisition, development, and production of hydrocarbons in Brazil. The company employs 67 full-time employees The company went IPO on 2013-12-05. The firm holds interests in the Cabure and Murucututu natural gas assets, one exploration block (Block 183) and two oil fields (Bom Lugar and Mae-da-lua), in the Reconcavo basin onshore Brazil, as well as a 50% non-operated working interest in Western Saskatchewan. The Cabure Field extends across four blocks in the Reconcavo Basin in the state of Bahia in Brazil, two of which are held by the Company and two of which are held by its partner. Its Murucututu natural gas project extends across Blocks 183 and 197, both held 100% by the Company. There are three existing wells in the field, including the 197(1) well and the 183(1) well.