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Alvopetro Inc
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April 2024 Corporate Presentation
| Corey Ruttan | Page 15 of 11 |
May 03, 2024
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| TSXV: ALV, OTCQX: ALVOF Murucututu Gas – Gomo + Caruaçu Development (100% ALV) • 5,460-acre deep basin Gomo gas resource + Caruaçu • 2P reserves: 4.6 MMboe (27.4 Bcfe), NPV10BT $129.2 million (4) including three development locations (183-A2, 197-A2, 197-A3) • Risked Best Estimate Contingent Resource 5.4 MMboe (32.1 Bcfe), NPV10BT $126.1 million (8)(11) • Risked Best Estimate Prospective Resource 9.6 MMboe (57.6 Bcfe) , NPV10BT $184.9 million (8)(11) 16 ALV 183-1 ALV 197-1 ALV 183-B1 Caburé Field (49%) Murucututu Project (100%) Alvopetro Pipeline 183-A2 Dev well: 183-A2 183-A3 ALV 197-A3 ALV 197-A2 Dev well: 197-A2 Dev well: 197-A3 A A’ 183-1 197-1 Jan2 A A’ 183-A3 Sequence 5 Sequence 6 Sequence 7 Sequence 4 Hydrocarbon window defined in well tests Gomo production TWT GR GR GR GR 1 km