CIRO Halts Trading for Multiple Publicly-Listed Companies

Alvopetro Energy, an independent natural gas producer in Brazil, has significantly influenced the local gas market by becoming the first to deliver sales-specified natural gas onshore, starting operations in July 2020. The company focuses on sustainable growth, allocating half of its funds flow from operations towards reinvestment and the other half to stakeholders, with a total funds flow reaching approximately $156 million since production began. Alvopetro's flagship asset, Caburé, accounts for the majority of its production, while the company is also committed to minimizing its environmental impact and enhancing the communities in which it operates through various social programs. The company holds interests in multiple natural gas and oil assets covering over 22,000 acres in Brazil's Recôncavo basin. Alvopetro's commitment to responsible energy production and community development highlights its role in the evolving energy landscape in Brazil.