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“Could gross sales included the primary full month of manufacturing from our first two wells drilled in Western Canada averaging 346 bopd gross (173 bopd internet), exceeding our pre-farmin expectations and we’re wanting ahead to drilling our subsequent two wells right here beginning this summer season. We’re additionally inspired by our 183-D4 outcomes and count on to have this effectively on manufacturing in Q3 to gas continued manufacturing development in Brazil .”

Could Gross sales Volumes

Could gross sales volumes in Brazil averaged 2,161 boepd, together with pure gasoline gross sales of 12.3 MMcfpd and related pure gasoline liquids gross sales from condensate of 111 bopd, primarily based on subject estimates. Gross sales volumes decreased 9% in comparison with April on account of turnarounds at each Alvopetro services and Bahiagás finish consumer vegetation, which impacted demand within the month. In Canada , with a full month of manufacturing in Could, Alvopetro’s internet 50% share of oil gross sales volumes elevated to 173 bopd, bringing the Firm’s complete gross sales to 2,334 boepd, primarily based on subject estimates.

Operational Replace

183-D4 Effectively Outcomes

We have now now accomplished the sidetrack and drilling of our 183-D4 effectively on our 100% Murucututu pure gasoline subject. The effectively was drilled to a complete measured depth of three,072 metres and has been cased and cemented. The effectively encountered the Caruaçu Member of the Maracangalha Formation 106 metres structurally updip of our 183-A3 success.

Primarily based on cased-hole gamma ray logs and normalized gasoline whereas drilling, the effectively encountered potential pure gasoline pay within the Caruaçu Member of the Maracangalha Formation, with an mixture 61 metres of potential pure gasoline pay between 2,439 and a pair of,838 meters TVD.

Primarily based on these drilling outcomes, we plan to finish the effectively in as much as 5 intervals and count on the effectively to be on manufacturing to the sector manufacturing facility within the third quarter.

Caburé Unit Growth Drilling Program

Our deliberate Caburé Unit improvement drilling program has commenced. The primary effectively has now been spud and we count on to have 4 wells drilled by the tip of the third quarter.

Western Canadian Capital Plan

In Western Canada , effectively pad development for our subsequent two wells has commenced and we count on the wells to be drilled within the third quarter.

Annual Normal Assembly

Alvopetro’s annual basic and particular assembly (the “Assembly”) will probably be held on Wednesday, June 18, 2025 on the workplaces of Torys LLP (Suite 4600, 525 8 th SW, Calgary, Alberta ) starting at 9:30 a.m. Mountain time. The administration info round and all associated supplies can be found on our web site and www.sedarplus.ca .

All events are invited to attend the Assembly. We may even be broadcasting the assembly by way of stay webcast for the curiosity of all shareholders. Please be suggested that shareholders won’t be able to vote any shares by way of this webcast format. Particulars for becoming a member of the occasion are as follows:

DATE: June 18, 2025 TIME : 9:30 AM Mountain/ 11:30 AM Japanese LINK: DIAL-IN NUMBERS: WEBINAR ID   : 895 1220 4386

Company Presentation

Alvopetro’s up to date company presentation is accessible on our web site at: .

Social   Media

Observe Alvopetro on our social media channels on the following hyperlinks:

Twitter – Instagram – LinkedIn –

Alvopetro Vitality Ltd. is deploying a balanced capital allocation mannequin the place we search to reinvest roughly half our money flows into natural development alternatives and return the opposite half to stakeholders. Alvopetro’s natural development technique is to concentrate on the most effective mixtures of geologic prospectivity and financial regime. Alvopetro is balancing capital funding alternatives in Canada and Brazil the place we’re   constructing off the energy of our Caburé and Murucututu pure gasoline fields and the associated strategic midstream infrastructure.

Neither the TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this information launch.

BOE Disclosure

The time period barrels of oil equal (“boe”) could also be deceptive, notably if utilized in isolation. A boe conversion ratio of six thousand cubic ft per barrel (6 Mcf/bbl) of pure gasoline to barrels of oil equivalence is predicated on an power equivalency conversion methodology primarily relevant on the burner tip and doesn’t characterize a price equivalency on the wellhead. All boe conversions on this information launch are derived from changing gasoline to grease within the ratio mixture of six thousand cubic ft of gasoline to 1 barrel of oil.

Effectively Outcomes

Information obtained from the 183-D4 effectively recognized on this press launch, together with hydrocarbon reveals, cased-hole logging information, and potential internet pay ought to be thought-about preliminary till testing, detailed evaluation and interpretation has been accomplished. Hydrocarbon reveals might be seen through the drilling of a effectively in quite a few circumstances and don’t essentially point out a business discovery or the presence of economic hydrocarbons in a effectively. There isn’t any illustration by Alvopetro that the info regarding the 183-D4 effectively contained on this press launch is essentially indicative of long-term efficiency or final restoration. The reader is cautioned to not unduly depend on such information as such information is probably not indicative of future efficiency of the effectively or of anticipated manufacturing or operational outcomes for Alvopetro sooner or later.

Ahead-Wanting Statements and Cautionary Language

This information launch incorporates forward-looking info throughout the that means of relevant securities legal guidelines. Using any of the phrases “will”, “count on”, “intend”, “plan”, “might”, “consider”, “estimate”, “forecast”, “anticipate”, “ought to” and different related phrases or expressions are supposed to establish forward-looking info. Ahead‐wanting statements contain important dangers and uncertainties, shouldn’t be learn as ensures of future efficiency or outcomes, and won’t essentially be correct indications of whether or not or not such outcomes will probably be achieved. Numerous components might trigger precise outcomes to differ considerably from the expectations mentioned within the forward-looking statements. These forward-looking statements mirror present assumptions and expectations concerning future occasions. Accordingly, when counting on forward-looking statements to make choices, Alvopetro cautions readers to not place undue reliance on these statements, as forward-looking statements contain important dangers and uncertainties. Extra notably and with out limitation, this information launch incorporates forward-looking statements regarding potential internet pure gasoline pay within the 183-D4 effectively and expectations concerning future completion plans for the effectively in addition to timing of manufacturing graduation from the effectively, future manufacturing and gross sales volumes, plans regarding the Firm’s operational actions, and different exploration and improvement actions in each Canada and Brazil and the timing for such actions. Ahead-looking statements are essentially primarily based upon assumptions and judgments with respect to the long run together with, however not restricted to the success of future drilling, completion, testing, recompletion and improvement actions and the timing of such actions, the efficiency of manufacturing wells and reservoirs, effectively improvement and working efficiency, expectations and assumptions in regards to the timing of regulatory licenses and approvals, tools availability, environmental regulation, together with laws regarding hydraulic fracturing and stimulation, the flexibility to monetize hydrocarbons found, the outlook for commodity markets and talent to entry capital markets, international change charges, the end result of any disputes, the end result of redeterminations, basic financial and enterprise circumstances, forecasted demand for oil and pure gasoline, the influence of worldwide pandemics, climate and entry to drilling places, the provision and price of labour and companies, and the regulatory and authorized atmosphere and different dangers related to oil and gasoline operations. The reader is cautioned that assumptions used within the preparation of such info, though thought-about cheap on the time of preparation, might show to be incorrect. Precise outcomes achieved through the forecast interval will differ from the data offered herein on account of quite a few recognized and unknown dangers and uncertainties and different components. Present and forecasted pure gasoline nominations are topic to alter each day and such modifications could also be materials. As well as, the declaration, timing, quantity and fee of future dividends stay on the discretion of the Board of Administrators. Though we consider that the expectations and assumptions on which the forward-looking statements are primarily based are cheap, undue reliance shouldn’t be positioned on the forward-looking statements as a result of we can provide no assurance that they may show to be appropriate. Since ahead wanting statements handle future occasions and circumstances, by their very nature they contain inherent dangers and uncertainties. Precise outcomes might differ materially from these at the moment anticipated on account of quite a few components and dangers. These embody, however aren’t restricted to, dangers related to the oil and gasoline business basically (e.g., operational dangers in improvement, exploration and manufacturing; delays or modifications in plans with respect to exploration or improvement initiatives or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections regarding manufacturing, prices and bills, reliance on business companions, availability of kit and personnel, uncertainty surrounding timing for drilling and completion actions ensuing from climate and different components, modifications in relevant regulatory regimes and well being, security and environmental dangers), commodity value and international change charge fluctuations, market uncertainty related to commerce or tariff disputes, and basic financial circumstances. The reader is cautioned that assumptions used within the preparation of such info, though thought-about cheap on the time of preparation, might show to be incorrect. Though Alvopetro believes that the expectations and assumptions on which such forward-looking info is predicated are cheap, undue reliance shouldn’t be positioned on the forward-looking info as a result of Alvopetro can provide no assurance that it’s going to show to be appropriate. Readers are cautioned that the foregoing checklist of things is just not exhaustive. Further info on components that would have an effect on the operations or monetary outcomes of Alvopetro are included in our AIF which can be accessed on Alvopetro’s SEDAR+ profile at www.sedarplus.ca . The forward-looking info contained on this information launch is made as of the date hereof and Alvopetro undertakes no obligation to replace publicly or revise any forward-looking info, whether or not on account of new info, future occasions or in any other case, except so required by relevant securities legal guidelines.

SOURCE Alvopetro Vitality Ltd.

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