Alvopetro Energy Ltd. says it has informed Brazil's national agency of petroleum, natural gas and biofuels of its intention to relinquish four blocks and terminate the associated concession contracts after extensive seismic and geotechnical work indicated limited prospectivity.
Canada’s most trusted and comprehensive source of oil and gas industry insight and intelligence.
Start your free trialDear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.