BRS Resources Files Drilling Application for Armonia Prospect

Oil and Gas Investing

BRS Resources (TSXV:BRS) announced that its subsidiary, AleAnna Resources, has filed a drilling application for its Armonia prospect. AleAnna currently owns the largest 3D geophysical data inventory for onshore gas in Italy.

 BRS Resources (TSXV:BRS) announced that its subsidiary, AleAnna Resources, has filed a drilling application for its Armonia prospect. AleAnna currently owns the largest 3D geophysical data inventory for onshore gas in Italy.

As quoted in the press release:

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.

BRS president and CEO, Steven Moore, said:

Italy’s Prime Minister Matteo Renz has announced energy policy reforms in ‘Unblock Italy,’ which should result in faster approval timelines going forward.

Click here to read the BRS Resources (TSXV:BRS) press release

See this press release on Marketwire
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