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BRS Resources Ltd. V.BRS.H

BRS Resources Ltd is an upstream oil and gas exploration and production company. It is engaged in production, exploration, and acquisition of petroleum and natural gas properties in Italy. The company along with its operational partner has drilled three explorations well in the Po Valley. Each of these prospects is in close proximity to and on trend with several nearby producing natural gas fields, including the Sabbioncello, Tresigallo, and Cotignola fields.


TSXV:BRS.H - Post by User

Post by Yoshitoshion Mar 17, 2017 2:51pm
92 Views
Post# 25995002

BRS hasn't done

BRS hasn't done the production tests yet... read the NR... it could be 6 - 8 weeks before they are released... this might be Power Hour to the down side

 

BRS to begin Trava well production tests this month

 

2017-03-17 12:31 ET - News Release

 

Mr. Byron Coulthard reports 

TRAVA 2 -- NATURAL GAS DRILLING UPDATE

BRS Resources Ltd. has been advised that the Trava 2-D exploration well, located in the southern half of Corte dei Signori permit area in the Po Valley of northern Italy, has been successfully drilled and logged to a total depth of 3,619 feet (1,103 metres). 

The Trava 2-D well, with multiple reservoir targets in the prolific Pliocene-age Porto Garibaldi sand, encountered numerous gas shows during the drilling process. The well is being completed and production tests are scheduled to begin later this month.

"Everything so far indicates we have a commercially viable well, but we'll know much more after the production tests are completed," said Byron Coulthard, president and chief executive officer of BRS. "The successful drilling of Trava 2 wells confirms AleAnna's technical and operational abilities in safely executing a complex drilling operation.

"Furthermore, during the drilling phase, AleAnna encountered all the formation tops and stratigraphic markers in the well at the depths indicated from our 3-D seismic mapping, which is exciting in its own right, because it proves 3-D seismic works in the Po Valley. From our large library of 3-D seismic surveys, we have identified a number of other drillable prospects in the Po Valley." 

AleAnna holds 31 exploration applications and permits for over 2.9 million acres (11,782 square kilometres) in Italy. To date, AleAnna has also amassed the largest portfolio of newly acquired 3-D geophysical data onshore in Italy and has two successful wells in final stage of production concession award.

We seek Safe Harbor.

© 2017 Canjex Publishing Ltd. All rights reserved.

 
 

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