10/23/13 BRS Resources announces drilling prospects and permit application
1. FOR IM M EDI AT E R ELE ASE
BRS RESOURCES ANNOUNCES DRILLING PROSPECTS
AND PERMIT APPLICATION
DALLAS, TEXAS–October23, 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 3.5miles
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 gasbearing 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-1well 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.
ABOUT BRS RESOURCES
BRS Resources is listed on the TSX Venture Exchange under the symbol BRS. BRS is an
upstream oil and gas exploration company focused on the Mediterranean region and, particularly
onshore Italy. Currently, BRS owns a 17.5% before-payout and 25% after-payout interest in
AleAnna Resources. For further information, visit brsresources.com or follow BRS on Twitter
@BRSresources and Facebook facebook.com/brsresources.
ABOUT ALEANNA RESOURCES LLC
AleAnna is a Delaware (U.S.) limited liability Company. The Company’s interests are in Italy,
where it is building a presence with nine exploration permits and three permit applications in the
Po Valley and Bradano basins, encompassing more than of 800,000 acres (3,250 sq km).
AleAnna Resources, LLC is owned by three experienced oil and gas exploration and production
companies, including BRS Resources. AleAnna’s web site is www.aleannaresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Steve Moore
President/CEO
Phone: 214.276.0373
5910 North Central Expressway, Suite 1250 | Dallas, Texas 75206 | 214 6999470 |www.brsresources.com
2. For further information, please contact Steven Moore at 214.276.0373 or by email at
smoore@brsresources.com.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Disclaimer for Forward- Looking Statements
This press release includes certain "Forward-Looking Statements.” Forward-looking statements
are statements or projections that involve various risks and uncertainties regarding future events
related to the Company’s and/or AleAnna’s plans. Forward-looking statements in this news
release include statements regarding: (i) AleAnna’s proposed drilling prospects and the estimated
timing of same; (ii) AleAnna’s discussions with working-interest partners and participation by
other parties in the exploration of its projects; and (iii) AleAnna’s future drilling goals generally.
Actual results may differ materially from those currently anticipated due to a number of factors
beyond the control of the Company and AleAnna. These risks and uncertainties include, among
other things, any negative change in the law, regulatory or political environment which would
negatively affect BRS/AleAnna’s ability to obtain permits necessary for drilling, BRS/AleAnna’s
lack of sufficient financing to proceed with proposed drilling, the continued price and demand for
natural gas, BRS’s ability to hire and retain personnel necessary to successfully operate its
business, the speculative nature of natural resource exploration activities, changes in the
operating costs, changes in economic conditions and conditions in the resource, foreign
exchange and other financial markets, changes in the investments and exploration expenditure
levels, litigation, legislation, environmental, judicial, regulatory, political and competitive
developments in areas in which BRS operates, technological, mechanical and operational
difficulties encountered in connection with the BRS’ activities; and other risk factors detailed in
BRS’ various filings filed on Sedar at www.sedar.com. You are urged to consider these factors
carefully in evaluating the forward-looking statements contained herein and are cautioned not to
place undue reliance on such forward-looking statements, which are qualified in their entirety by
these cautionary statements. These forward-looking statements are made as of the date hereof
disclaims any intent or obligation to update publicly any forward-looking statements, whether as a
result of new information, future events or results or otherwise.
5910 North Central Expressway, Suite 1250 | Dallas, Texas 75206 | 214 707 3541 | www.brsresources.com