Brief: Alvopetro Announces Gas Sales Agreement Amendment Doubling Firm Volumes, Operational Update And First Quarter 2020 Financial Results

Alvopetro Energy

14/05/2020 13:52

May 14 (Reuters) - Alvopetro Energy Ltd  ALV.V :
    * ALVOPETRO ANNOUNCES GAS SALES AGREEMENT AMENDMENT DOUBLING
FIRM
VOLUMES, OPERATIONAL UPDATE AND FIRST QUARTER 2020 FINANCIAL
RESULTS
    * ALVOPETRO ENERGY - AMENDS GAS SALES AGREEMENT WITH
BAHIAGÁS
    * ALVOPETRO ENERGY - BAHIAGÁS AGREED TO COMMENCE PREPAYMENT
OF
NATURAL GAS EFFECTIVE MAY 1, AT A RATE OF 120,000 M3/D
    * ALVOPETRO ENERGY - BAHIAGÁS AGREED TO EXTEND THEIR
DISTRIBUTION
NETWORK BY 15 KILOMETRES
    * ALVOPETRO ENERGY -  QTRLY LOSS PER SHARE $0.02
    * ALVOPETRO ENERGY -  QTRLY FFO LOSS PER SHARE $0.01

Source text for Eikon:  ID:nCNWqSNJta 
Further company coverage:  ALV.V 

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