Business
DALLAS, TEXAS–October 23, 2013: BRS Resources Ltd. (“BRS”) (TSX.V: BRS) is pleased to announce that AleAnna Resources, LLC (“AleAnna”), an Italian exploration and production company in which BRS holds a membership interest, has identified at least four drillable natural gas prospects on its Ponte del Diavolo permit within 3 miles of Po Valley Energy’s (“PVE”) Gradizza-1 discovery well. AleAnna has already submitted a drilling permit application for its Tombellina prospect, also located in its Ponte del Diavolo permit, approximately 3.5 miles southwest of the Gradizza discovery. AleAnna anticipates drilling at least one of these prospects in the next 12 months. The Gradizza-1 well, in which AleAnna owns a working interest, is located in PVE’s La Prospera permit. The La Prospera permit is north and adjacent to AleAnna’s Ponte del Diavolo permit. The Gradizza-1 well, drilled and completed in September 2013, encountered 33 ft (10 m) of gas-bearing sands at an approximate depth of 3,370 ft (1,028 m). The Gradizza-1 well serves as a stratigraphy test well for AleAnna’s look-alike prospects within 3 miles southwest of the well. Using the Gradizza-1 well data, AleAnna can more accurately interpret and target similar-looking pay horizons in its 100%-owned prospects. All of AleAnna’s prospects have been surveyed with 3D seismic technology, which greatly enhances AleAnna’s ability to image geological structures and anomalies. AleAnna’s prospects, as well as the Gradizza-1 well, are on trend with a number of nearby producing natural gas fields, including the Sabbioncello and Tresigallo fields, both of which have produced billions of cubic feet of natural gas. Social Media Strategy by IR Smartt