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Oil & Gas

Alvopetro Energy announces grant of annual long-term incentives

Alvopetro Energy Ltd (TSX-V:ALV, OTC:ALVOF) has granted annual long-term incentive compensation to officers, directors, and employees under its Omnibus Incentive Plan.

On November 15, 2024, the company issued 251,000 stock options, 213,000 restricted share units (RSUs), and 68,000 deferred share units (DSUs).

Directors and officers received 163,000 RSUs and 68,000 DSUs, with stock options granted to employees.