Alvopetro Energy Ltd (TSX-V:ALV, OTC:ALVOF, FRA:A6Y0) reported May sales volumes of 3,076 barrels of oil equivalent per day (boepd), based on field estimates.

Brazil operations averaged 2,895 boepd in May, comprising natural gas sales of 16.3 million cubic feet per day (MMcfpd), natural gas liquids (NGLs) from condensate of 174 barrels per day (bopd) and oil sales of 10 bopd. Canadian oil sales averaged 181 bopd.

May volumes slipped from 3,133 boepd in April and 3,128 boepd in the first quarter of 2026.

In Brazil, total natural gas output of 16,266 Mcfpd in May compared with 16,732 Mcfpd in April and 16,489 Mcfpd in Q1 2026. The Caburé field contributed 12,060 Mcfpd and the Murucututu field contributed 4,206 Mcfpd.

The company is currently drilling its 183-D1 well at a depth of 3,085 metres, out of a planned total depth of 3,270 metres. The well is a follow-up to the successful 183-D4 well in the Caruaçu Formation on Alvopetro's 100% interest Murucututu Field.

Civil construction has also begun on the 183-G drilling pad, which will support the company's ongoing future development drilling plans.

Oil sales volumes in Brazil relate to the Bom Lugar and Mãe da lua fields. Alvopetro has entered into an assignment agreement to dispose of those fields, with closing subject to standard regulatory approvals, including approval of the ANP.

Alvopetro reported volumes are based on sales volumes, which may differ from production volumes due to the timing of sales deliveries.