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Alvopetro logs potential gas pay at Murucututu well, declares quarterly dividend of $0.12 per share

Market News
09 Jun 2026
Proactive Investors
View Source
Bullish
pluang ai news

Alvopetro Energy Ltd reported potential natural gas pay at its new 183-D1 infill well in the Murucututu field, Brazil, with 47.7 metres of total vertical depth across two formations. The well showed promising porosity and water saturation levels, including a previously unassessed zone in the Maracangalha Formation. The company plans to complete the well in up to seven intervals and expects production to start in July. Additionally, Alvopetro declared a quarterly dividend of US$0.12 per common share, signaling steady shareholder returns.

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