BRS Resources Ltd. announce that AleAnna Resources, LLC, 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).