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Alvopetro Energy Boosts 1P Reserves 79%
Episode 89
Published 7 months, 4 weeks ago
Description
In this episode of The Watchlist, listeners hear from Corey Ruttan, president and CEO of Alvopetro Energy (TSXV: ALV) (OTCQX: ALVOF), as he discusses the company’s record increase in 1P and 2P reserves and outlines the 2026 capital plan designed to accelerate production growth and unlock shareholder value.
This discussion covers:
- 79% increase in 1P reserves and 43% in 2P reserves, with strong production replacement ratios
- Record production rates reaching 3,100 boe/day in January 2026
- Key elements of the 2026 capital plan, including expanded facilities and multilateral drilling programs
- Updates on the Canadian growth platform and Tier 1 drilling inventory
- Implications for net asset value and long-term growth
Website: https://albapro.com
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