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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Stocks in play: Alvopetro Energy Ltd.

Baystreet.ca
·1 min read

Announced the receipt of authorizations for operation of our Caburé Midstream Project, commencement of commissioning and an operational update. Our Caburé Midstream Project includes an 11-kilometre Transfer Pipeline and a Gas Treatment Facility. Construction of the Transfer Pipeline and Facility has been completed and we have received authorization from the National Agency of Petroleum, Natural Gas and Biofuels of Brazil for commissioning operations of both the Facility and the Transfer Pipeline. Commissioning activities commenced on April 21, 2020 with first natural gas being delivered from the Caburé Unit to the Facility. Alvopetro expects to have all commissioning work completed in May. Alvopetro Energy Ltd. shares V.ALV are trading unchanged at $0.59.

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