BRS Resources Ltd. says that AleAnna Resources, LLC has submitted a drilling application for the Armonia prospect in the Ponte dei Grilli permit area. The Ponte dei Grilli permit area, located in the Emilia Romagna region of northern Italy's Po Valley, is in close proximity to and on trend with several nearby producing natural gas fields, including the San Potito and Cotignola fields, which have produced 46 billion cubic feet (Bcf) and 52 Bcf of natural gas, respectively. The application includes a detailed environmental impact report as well as engineering and geological data.

"Italy's Prime Minister Matteo Renz has announced energy policy reforms in 'Unblock Italy,' which should result in faster approval timelines going forward," commented Steven Moore, BRS President and CEO. "AleAnna owns 87,969 acres (356 km2) of newly acquired 3D geophysical data on three of AleAnna's nine permits, which represents the largest 3D geophysical inventory for onshore Italy. AleAnna is the leader in utilization of 3D technology to minimize environmental impact and reduce the drilling required to develop Italian gas reservoirs. AleAnna's work programs and activities create jobs, economically benefit local entities, regions and the country of Italy and will reduce Italian dependence on imported natural gas."

Tags: BRS Resources