Alvopetro Inc. reported earnings and production results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported natural gas sales of $215,000 compared to $212,000 a year ago. Funds used in operations were $643,000 or $0.01 per basic and diluted share compared to $1,030,000 or $0.02 per basic and diluted share a year ago. Net loss was $710,000 or $0.01 per basic and diluted share compared to $1,321,000 or $0.02 per basic and diluted share a year ago.

For the six months, the company reported natural gas sales of $409,000 compared to $470,000 a year ago. Funds used in operations were $1,054,000 or $0.02 per basic and diluted share compared to $2,033,000 or $0.04 per basic and diluted share a year ago. Net loss was $1,267,000 or $0.02 per basic and diluted share compared to $2,900,000 or $0.05 per basic and diluted share a year ago.

The company announced that for the quarter, the company reported total average production of 470 Mcfe/d compared to 668 Mcfe/d a year ago.

For the six months, the company reported total average production of 476 Mcfe/d compared to 707 Mcfe/d a year ago.