Alvopetro Announces January 2022 Sales Volumes and an Operational Update

Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces January sales volumes of 2,509 boepd, including natural gas sales of 14.4 mmcfpd, associated natural gas liquids sales from condensate of 98 bopd, and oil sales of 15 boepd, based on field estimates, a 2% increase from our December 2021 average daily sales. Effective February 1, 2022, our natural gas price under our long-term gas sales agreement increased 48% to BRL1.94/m3 or $10.94/mcf (based on our average heat content to date of 107%

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Global Smart Mining Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022 – 2027)

The smart mining market was valued at USD 9. 27 billion in 2021 and is expected to reach USD 28. 05 billion by 2027. It is expected to register a CAGR of 20. 62% from 2022 to 2027. Mining involves many processes, including resource allocation management of equipment, such as mining trucks, excavators, drills, conveyor belts, transportation and logistics, and more.New York, Feb. 07, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Smart Mining Market – Growth,

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