Alvopetro put out an operational update on its February production and Deep Basin, Gomo well test. February natural gas sales were 12.7mmcf/d or 2,222boe/d including condensate, which is up 14% versus the Q4’20 average and 20% above our previous estimated average production for 2021. This is as a result of stronger gross production from the Cabure field, less offtake from its upstream partner for its thermal power plant and strong demand from Alvopetro’s offtaker Bahiagás. As a result we have in ....
