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BRIEF-Alvopetro Announces Natural Gas Treatment Facility Construction And Operating Pact

Published 2018-09-21, 08:40 a/m
BRIEF-Alvopetro Announces Natural Gas Treatment Facility Construction And Operating Pact

Sept 21 (Reuters) - Alvopetro Energy Ltd ALV.V :

* ALVOPETRO ANNOUNCES NATURAL GAS TREATMENT FACILITY CONSTRUCTION AND OPERATING AGREEMENT

* ALVOPETRO ENERGY LTD - WILL PAY AN INTEGRATED SERVICE FEE FOR FACILITY OF $2.9 MILLION PER YEAR OVER 10-YEAR TERM OF AGREEMENT

* ALVOPETRO ENERGY - ANTICIPATE ABOUT $1.4 MILLION OF CAPITAL EXPENDITURES FOR CABURÉ AND GOMO DEVELOPMENT LATER IN 2018 AND $6.0 MILLION IN 2019

* ALVOPETRO ENERGY - ANNOUNCES AWARD OF CONTRACT FOR CONSTRUCTION OF NATURAL GAS TREATMENT FACILITY IN STATE OF BAHIA IN NORTHEAST BRAZIL

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