BRS Resources Announces Operational Update on Italian E&P Activities

BRS Resources Ltd. (TSXV:BRS) reported that AleAnna Resources LLC has completed a 30,000 acre (136 sq km) 3-D seismic acquisition survey on the Ponte Del Diavolo exploration permit area in Italy.

The press release is quoted as saying:

Ponte Del Diavolo is the second large 3-D seismic survey AleAnna has completed onshore Italy. Reservoir Geophysical Corp. in Houston, TX has been awarded the reprocessing work for the 3-D seismic survey and processing of the data has begun. In addition, AleAnna has filed a work commencement application with the Italian Ministry of Economic Development for its third 3-D seismic survey, this one on the Ponte Dei Grille exploration permit area, also in southeastern Po Valley.

BRS Resources’ President, Steve Moore, said,

“We’re excited at being so close to drilling our first well in Italy’s Po Valley. Although it has taken longer than originally anticipated, we believe the Italian approval process is improving. The Italian government, as part of its current austerity package, recognizes the need to develop the country’s oil and gas assets. At the same time, the government acknowledges the need to reduce the time associated with the oil and gas permitting process,”

Click here to access the entire press release