Alvopetro Energy Ltd. (TSXV:ALV) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 2,876,414 common shares, representing 7.9% of its issued share capital. The repurchased shares will be cancelled.

The bid will terminate on January 5, 2024, or such earlier date as the bid is completed or is terminated at the company's election.