BRS Resources' AleAnna now holds 2.99 M acres in Italy
2017-04-18 15:58 ET - News Release
Mr. Byron Coulthard reports
BRS RESOURCES PROVIDES UPDATE ON EXPLORATION ACREAGE
BRS Resources Ltd. has updated the market about its exploration and production activities through its investment in AleAnna Energy LLC, which owns 100 per cent of the membership interest of AleAnna Resources LLC.
AleAnna embraced an acquisition and drilling strategy over the past 15 months that significantly increased the company's land position in Italy, added proven reserves, validated AleAnna's 3-D portfolio and positioned AleAnna for production by year-end 2017.
AleAnna's focus is onshore natural gas exploration in Italy through the use of 3-D, AVO and other technologies that help identify hydrocarbons, reduce environmental impact and minimize drilling risk.
AleAnna's core position is the Eastern Po Valley region of Italy.