05:29 PM EST, 01/06/2025 (MT Newswires) -- Alvopetro Energy ( ALVOF ) after close of trade Monday said its December sales volumes averaged 1,828 barrels of oil equivalent per day, including natural gas sales of 10.3 million cubic feet per day.

The company also recorded associated natural gas liquids sales from condensate of 110 bpd and oil sales of 9 bpd, based on field estimates, bringing their average sales volumes to 1,738 boepd in the fourth quarter of 2024.

The total company boepd was 1,738 in 2024 Q4, down from 2,106 in Q3.

Sales volumes in the latter half of December were impacted by reduced demand from Bahiagas.

Bahiagas nominations and deliveries for January have commenced at the new contracted daily firm volumes of 400 e3m3/d.

The company shares closed up $0.02 to $5.26 on the TSX Venture Exchange.