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Alvopetro signs deals for development of Caburé field
June 01, 2018
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Brazilian operator Alvopetro Energy has finalized the terms of a unitization agreement and unit development plan for its Caburé gas field and has signed a long-term sales agreement for its share of the unit gas. Under the terms of the unitization deal Imetame Energia, operator of the adjacent block, will act as initial operator. The partners have agreed to a development plan which will be implemented by Imetame in 2018 and 2019. Alvopetro will be responsible for its share of unit capital when production begins in......
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