CALGARY, ALBERTA--(Marketwired - March 2, 2016) - Alvopetro Energy Ltd. (TSX VENTURE:ALV) announces that Mr. E. John Koch, Chief Operating Officer of Alvopetro, is no longer with the company. We thank him for his service and wish him well in his future endeavors.

Alvopetro Energy Ltd.'s vision is to be the premier independent exploration and production company in Brazil, maximizing shareholder value by applying innovation to underexploited opportunities. Our strategy is to focus on three core opportunities including lower risk development drilling on our mature fields, shallow conventional exploration, and the development of the significant hydrocarbon potential present in our deep Gomo resource play.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Contact Information:

Alvopetro Energy Ltd.
Corey C. Ruttan
President and Chief Executive Officer and Director