Brief: Alvopetro Reports Q3 Negative Ffo Per Share $0.01

Alvopetro Energy

13/11/2019 24:24

Nov 12 (Reuters) - Alvopetro Energy Ltd  ALV.V :
    * ALVOPETRO ANNOUNCES OPERATIONAL UPDATE AND THIRD QUARTER
2019
FINANCIAL AND OPERATING RESULTS
    * QTRLY LOSS PER SHARE $0.02
    * CASH AND CASH EQUIVALENTS TOTALED $1.4 MILLION AS OF
SEPTEMBER
30, 2019
    * QTRLY OIL AND CONDENSATE SALES $77,000 VERSUS $125,000
LAST YEAR
    * QTRLY NEGATIVE FFO PER SHARE $0.01
    * QTRLY SALES VOLUMES AVERAGED 14 BOPD INCLUDING 6 BOPD IN
CONDENSATE SALES FROM CABURÉ UNIT, 8 BOPD FROM MÃE-DA-LUA FIELD
    * ALVOPETRO INTENDS TO EXPLORE A LONDON LISTING OVER COMING
MONTHS

Source text for Eikon:  ID:nCNWq2rw5a 
Further company coverage:  ALV.V 

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