DALLAS, TEXAS–May 9, 2013: BRS Resources (TSX.V:BRS) is pleased to announce that AleAnna Resources LLC, in which BRS owns a membership interest, will participate in the drilling of the Po Valley Energy’s (ASX:PVE) Gradizza-1 exploration well in the La Prospera licence (north of Bologna in Italy’s Po Valley), through a farm-in agreement executed between PVE and AleAnna.
DALLAS, TEXAS–April 18, 2013: BRS Resources (TSX.V: BRS) (“BRS” or the “Company”), an upstream oil and gas exploration company focused on the Mediterranean region and in particular onshore Italy, is pleased to provide an update on its ongoing activities. BRS owns a membership interest in AleAnna Resources (“AleAnna”), one of the largest independent oil and gas exploration and production companies operating in Italy. AleAnna has built a presence in Italy with eight exploration permits and three permit applications in the Po Valley and Bradano basins, encompassing a total of 804,000 acres.
DALLAS, TEXAS – August 14, 2012 – BRS Resources Ltd. (TSX.V: BRS) (“BRS”) announced today that AleAnna Resources LLC (“AleAnna”), the Company’s Italian operator, has completed a 3-D geophysical data acquisition survey on the Ponte dei Grilli permit area located in the Po Valley of Italy.
DALLAS, TEXAS – May 16, 2012 BRS Resources Ltd. (TSX.V: BRS) (“BRS”) announced today that AleAnna Resources LLC (“AleAnna”), a company focused on the Italian energy market, in which BRS owns a seventeen percent (17%) membership interest, has stepped up its activities in filing for new drilling applications on its permit areas in Italy. AleAnna expects the pace of its drilling activities to increase substantially in the coming months as a number of drilling locations are identified through the companyʼs ongoing 3-D seismic exploration program.
DALLAS, TEXAS–April 11, 2012: BRS Resources (TSX.V: BRS) announced today that the company is accelerating its exploration and drilling activities in Italy through its 17.35% ownership interest in AleAnna Resources, one of the largest independent exploration and production companies operating in Italy.
DALLAS, TEXAS ̶ March 26, 2012: BRS Resources (TSX.V: BRS) (“BRS” or the “Company”) announced the Gallare 6d well, in which BRS participated through its 17.35% ownership interest in AleAnna Resources (the operator of the well), encountered gas shows while drilling through the targeted zones of interest. However, on Friday afternoon, March 23, 2012, AleAnna applied for temporary abandonment of the well to conduct an in-depth review and analysis of the seismic data, new well log and historical field data before attempting further drilling or testing at Gallare field.
DALLAS, TEXAS—March 12, 2012: BRS Resources Ltd. (TSX.V: BRS) (“BRS” or the “Company”) today announced drilling has commenced on its first well in which BRS owns a 17.35% pre-payout interest (25% after payout). Located in Italyʼs Po Valley, it is a development well in a partially depleted field where 3d seismic technology was used to identify remaining natural gas reserves.
DALLAS, TEXAS—February 28, 2012: BRS Resources Ltd. (TSX.V: BRS) (“BRS” or the “Company”) today announced that its company information will be made available via Standard & Poor’s Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor’s Advisor Insight. The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings. Standard & Poor’s Advisor Insight is an Internet-based research engine used by more than 100,000 investment advisors. A public version of the site is available at www.advisorinsight.com.
DALLAS, TEXAS—February 13, 2012: BRS Resources Ltd. (TSX.V: BRS) (“BRS” or the “Company”) today announced they will be presenting at the Oil and Gas Services Conference in San Francisco, CA on February 21, 2012. The presentation will take place at 7:00 PM EST and will be viewable via live webcast on the BRS Resources website www.BRSresources.com. An archived version will also be available on the BRS website following the conference.
DALLAS, TEXAS–January 24, 2012: BRS Resources (TSX.V: BRS) (“BRS” or the “Company”) announced that Chapman Petroleum Engineering Ltd. (“Chapman”), a qualified reserves evaluator, has prepared a National Instrument 51-101 compliant report (the “Report”) estimating reserves and future net revenues for the Companyʼs effective working interest of 17.15% before payout and 24.99% after payout in four geological anomalies in part of the 61,628 acre Corte dei Signori (CDS) permit area in the Po Basin of Northern Italy. BRS owns its working interest in the permit through its ownership of AleAnna Resources LLC (“AleAnna”), one of the largest independent oil and gas exploration and production companies operating in Italy. The Report has been prepared in accordance with the Canadian Oil and Gas Evaluation Handbook (COGE Handbook) and assuming that development of each property in respect of which the estimate is made will occur, without regard to the likely availability to the Company of funding required for such development.