BRS Resources Ltd. is publicly traded international exploration and production company headquartered in Dallas, Texas and listed on the TSX Venture Exchange in Canada. The company is focused on building a European presence in the upstream oil and gas business, primarily natural gas production in Italy.
BRS Resources is actively pursuing opportunities in the Mediterranean Basin and North Africa, with its primary focus on Italy. The company is building a strong team of employees and consultants which provides E&P skills in geology, geophysics, petrophysics, reservoir engineering, petroleum engineering, well design, drilling operations and project management.
BRS’s first entry into the European market was through the purchase of a membership interest in AleAnna Resources LLC. AleAnna has assembled a land position currently encompassing 804,000 acres (3,253 sq km) in the Po Valley and Bradano basins onshore Italy. Existing gathering and transportation systems are prevalent throughout the region. By pioneering the use of 3-D seismic technology onshore Italy, and with numerous exploration permits already issued, AleAnna and BRS are well positioned to provide significant growth in reserves, production, and ultimately shareholder value.
BRS’ strategy is to discover, produce and market hydrocarbon resources that can deliver superior shareholder value. The Company is focused on developing strong asset positions in economically attractive locations with capable partners who can add complementary skills and financial strength. BRS’s geographical focus is the Mediterranean basin and north Africa. The Company is currently active in Italy.