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BRS Resources Ltd. (TSXV:BRS) announced that AleAnna Resources, LLC, an Italian exploration and production company in which BRS holds a membership interest, found at least four drillable natural gas prospects on its Ponte del Diavolo permit less than three miles from Po Valley Energy’s Gradizza-1 discovery well.
BRS Resources Ltd. (TSXV:BRS) announced that AleAnna Resources, LLC, an Italian exploration and production company in which BRS holds a membership interest, found at least four drillable natural gas prospects on its Ponte del Diavolo permit less than three miles from Po Valley Energy’s Gradizza-1 discovery well. AleAnna previously submitted a drilling permit application for its Tombellina prospect, also located in the Ponte del Diavolo permit near the Gradizza discovery. AleAnna expects to drill one or more of these prospects in the next year.
As quoted from the press release:
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.
Click here to read the BRS Resources Ltd. (TSXV:BRS) press release