AleAnna Resources, an Italian exploration company in which BRS Resources holds an interest, has identified four drillable natural gas prospects within 3 miles of an existing discovery well. AleAnna has submitted a permit application to drill one of these prospects in the next 12 months. The existing well encountered gas and provides data to accurately target similar formations in AleAnna's prospects. All of AleAnna's prospects have been surveyed with 3D seismic technology and are located near existing producing gas fields.
BRS Resources announcea that Po Valley Energy completed well testing of its Gradizza-1 discovery well. On November 20, the well tested natural gas at a stabilized rate of 696,000 cubic feet per day with 492 psi flowing tubing pressure on a ¼-inch choke.
BRS Resources provides an operational update on its subsidiary AleAnna Resources. AleAnna has completed 3D seismic surveys covering over 87,000 acres in Italy identifying numerous drillable prospects. AleAnna exhibited five such prospects to partners with favorable responses and is now in discussions with interested companies. AleAnna also plans to file two drilling permits and remains in discussions to participate in other Italian operators' upcoming wells in the second and third quarters of 2013. Additionally, BRS announces the resignation of a director.
el paso 09_04LehmanBrothersConference_FINALfinance49
El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company focuses on developing a culture where it is the best place to work, a good neighbor, and a company worth owning. El Paso has leading positions in interstate pipelines and exploration and production. The interstate pipelines are the cornerstone of the company and provide stable earnings growth. El Paso is also improving its exploration and production business through portfolio upgrades and increased drilling activity. The company is making financial progress through debt reduction and expects an excellent outlook.
El Paso Corporation provides natural gas and related energy products safely and reliably. The company focuses on developing a positive culture as the place to work, neighbor to have, and company to own. El Paso's interstate pipelines are the cornerstone of its business, with the largest franchise in the U.S., $2.2 billion in new projects, and expected 4-6% annual growth. The company plans to launch an MLP IPO for part of its pipeline business in the fourth quarter of 2007.
Belmont Resources Inc. announces that the Bureau of Land Management has completed its review of Belmont's Notice of Intent for its Kibby Basin Lithium Project in Nevada and approved the company's plans to conduct exploration drilling and water well installation. Belmont plans to take core samples and test aquifer flow rates to assess the potential for lithium-bearing brines. Belmont is an emerging resource company focused on the acquisition, exploration and development of mineral properties in Canada and Nevada, including its recently optioned zinc-cobalt prospect in New Brunswick and its lithium-focused Kibby Basin property in Nevada.
The document provides information about Western Fuels Association, including:
- It supplies coal and transportation services to electric utilities in the Great Plains, Rocky Mountain, and Southwest regions.
- In 2013, its mines (Dry Fork, New Horizon, and Colowyo) produced a total of around 5.8 million tons of coal.
- It discusses safety achievements and awards at the mines, including long periods without lost time accidents.
EMA 2009 - 2012 & Beyond: Operating in a Carbon Constrained Environment -...fijigeorge
Presentation reviews potential legislative and regulatory issues that could impact operations of a natural gas company. Also, provides organizational response to upcoming carbon legislation/regulation
This document provides an overview of Antero Midstream Partners LP and forward-looking statements. It summarizes Antero Resources' expected future growth, ability to meet its drilling and development plan, and commodity price assumptions. It also outlines risks associated with forward-looking statements including commodity price volatility, inflation, environmental risks, and drilling and completion risks.
BRS Resources announcea that Po Valley Energy completed well testing of its Gradizza-1 discovery well. On November 20, the well tested natural gas at a stabilized rate of 696,000 cubic feet per day with 492 psi flowing tubing pressure on a ¼-inch choke.
BRS Resources provides an operational update on its subsidiary AleAnna Resources. AleAnna has completed 3D seismic surveys covering over 87,000 acres in Italy identifying numerous drillable prospects. AleAnna exhibited five such prospects to partners with favorable responses and is now in discussions with interested companies. AleAnna also plans to file two drilling permits and remains in discussions to participate in other Italian operators' upcoming wells in the second and third quarters of 2013. Additionally, BRS announces the resignation of a director.
el paso 09_04LehmanBrothersConference_FINALfinance49
El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company focuses on developing a culture where it is the best place to work, a good neighbor, and a company worth owning. El Paso has leading positions in interstate pipelines and exploration and production. The interstate pipelines are the cornerstone of the company and provide stable earnings growth. El Paso is also improving its exploration and production business through portfolio upgrades and increased drilling activity. The company is making financial progress through debt reduction and expects an excellent outlook.
El Paso Corporation provides natural gas and related energy products safely and reliably. The company focuses on developing a positive culture as the place to work, neighbor to have, and company to own. El Paso's interstate pipelines are the cornerstone of its business, with the largest franchise in the U.S., $2.2 billion in new projects, and expected 4-6% annual growth. The company plans to launch an MLP IPO for part of its pipeline business in the fourth quarter of 2007.
Belmont Resources Inc. announces that the Bureau of Land Management has completed its review of Belmont's Notice of Intent for its Kibby Basin Lithium Project in Nevada and approved the company's plans to conduct exploration drilling and water well installation. Belmont plans to take core samples and test aquifer flow rates to assess the potential for lithium-bearing brines. Belmont is an emerging resource company focused on the acquisition, exploration and development of mineral properties in Canada and Nevada, including its recently optioned zinc-cobalt prospect in New Brunswick and its lithium-focused Kibby Basin property in Nevada.
The document provides information about Western Fuels Association, including:
- It supplies coal and transportation services to electric utilities in the Great Plains, Rocky Mountain, and Southwest regions.
- In 2013, its mines (Dry Fork, New Horizon, and Colowyo) produced a total of around 5.8 million tons of coal.
- It discusses safety achievements and awards at the mines, including long periods without lost time accidents.
EMA 2009 - 2012 & Beyond: Operating in a Carbon Constrained Environment -...fijigeorge
Presentation reviews potential legislative and regulatory issues that could impact operations of a natural gas company. Also, provides organizational response to upcoming carbon legislation/regulation
This document provides an overview of Antero Midstream Partners LP and forward-looking statements. It summarizes Antero Resources' expected future growth, ability to meet its drilling and development plan, and commodity price assumptions. It also outlines risks associated with forward-looking statements including commodity price volatility, inflation, environmental risks, and drilling and completion risks.
This document discusses facts about responsible shale development in the United States. It notes that shale development has supported over 1.7 million US jobs and is expected to support 3 million jobs by 2020. It also highlights that shale development has generated billions in tax revenue and infrastructure investments in states like Pennsylvania. The safe and responsible development of shale resources has provided significant economic and energy benefits to both local communities and the national economy.
ECA Marcellus Trust is a publicly traded royalty trust will help privately held
Energy Corporation of America develop its Marcellus
assets without giving up operational control.
Sonde Resources Corp. is an oil and gas exploration and production company based in Calgary, Alberta, Canada. Sonde Resources holds a global portfolio of high potential energy assets including producing oil and natural gas assets in Western Canada and offshore exploration property in North Africa.
BRS Resources is an international energy company actively pursuing opportunities in the Mediterranean Basin, with its primary focus in Italy.
Strong team with E&P and project management skills.
BRS’s first entry into the European market through AleAnna Resources LLC and their joint Italian properties.
BRS Resources: <a>http://brsresources.com</a>
IR Smartt Inc: http://irsmartt.com
Despite being the fastest growing market for Natural Gas in Europe and one of its smallest producers, Italy has huge potential for natural gas companies.
BRS Resources along with our partners are exploring areas of Northern Italy for proven Natural Gas reserves as a result of much of the data in this infographic - Natural Gas in Italy.
Timeline of the Trans-Adriatic Pipeline (TAP) - InfographicBRS Resources Ltd.
The Trans Adriatic Pipeline (TAP) is a natural gas pipeline project. The pipeline will start in Greece, cross Albania and the Adriatic Sea and come ashore in southern Italy, allowing gas to flow directly from the Caspian region to European markets.
This timeline visually represents the development of the pipeline over the past 11 years of development.
Northern is undergoing significant change
There is material inherent value embedded in the Company’s assets
First of three key short term objectives delivered by the sale of the Netherlands
Two more near term targets set to demonstrate value and drive share price growth
– advance the Italian Southern Adriatic portfolio
– test the oil redevelopment play in Alberta, Canada
Appointment of new chairman strengthens the Company, bringing the right type of
skills and experience as well as improving Corporate Governance
Completion of the near term targets will provide a platform from which management can plan the longer term strategy of the business
Bellatrix Exploration Ltd. is a growth oriented oil and gas company operating in Western Canada’s Sedimentary Basin. The Company focuses on operating with integrity and conducting operations in a safe and environmentally responsible manner while providing sustained shareholder growth in value. Our land base is focused in west central Alberta, Canada.
Petro River Oil Corp. (the “Company”) consummated a number of related transactions through which it acquired control of Petro River Oil, LLC (“Petro”) and Petro’s wholly-owned subsidiary Petro River Operating, LLC. Petro is an emerging oil and gas producer with producing wells in the Southeast Kansas region of the Mississippi Lime.
ZaZa Energy Corporation is both a conventional and unconventional exploration and production company with a world-class portfolio consisting of resource assets in Texas, U.S.A. ZaZa’s singular focus is the continuous, safe, and efficient development of its diverse and expanding oil and gas resource portfolio. ZaZa is committed to generating superior shareholder returns by leveraging its industry leading technical expertise to continuously streamline its operations, maximize production and reduce operating costs.
Constellation Energy Partners LLC reported financial and operational results for the fourth quarter and full year of 2013. Key highlights included:
- Oil accounted for 51% of sales revenue in 2013, with average daily oil production up 84% year-over-year.
- Operating costs were $24.69 per BOE for 2013, down 4% from 2012.
- Capital spending of $15.7 million in 2013 resulted in 79 net wells and recompletions.
- The company forecast $20-22 million in capital spending and 1,346-1,552 MBOE of production for 2014, with adjusted EBITDA of $26.7-29.9 million.
This document discusses facts about responsible shale development in the United States. It notes that shale development has supported over 1.7 million US jobs and is expected to support 3 million jobs by 2020. It also highlights that shale development has generated billions in tax revenue and infrastructure investments in states like Pennsylvania. The safe and responsible development of shale resources has provided significant economic and energy benefits to both local communities and the national economy.
ECA Marcellus Trust is a publicly traded royalty trust will help privately held
Energy Corporation of America develop its Marcellus
assets without giving up operational control.
Sonde Resources Corp. is an oil and gas exploration and production company based in Calgary, Alberta, Canada. Sonde Resources holds a global portfolio of high potential energy assets including producing oil and natural gas assets in Western Canada and offshore exploration property in North Africa.
BRS Resources is an international energy company actively pursuing opportunities in the Mediterranean Basin, with its primary focus in Italy.
Strong team with E&P and project management skills.
BRS’s first entry into the European market through AleAnna Resources LLC and their joint Italian properties.
BRS Resources: <a>http://brsresources.com</a>
IR Smartt Inc: http://irsmartt.com
Despite being the fastest growing market for Natural Gas in Europe and one of its smallest producers, Italy has huge potential for natural gas companies.
BRS Resources along with our partners are exploring areas of Northern Italy for proven Natural Gas reserves as a result of much of the data in this infographic - Natural Gas in Italy.
Timeline of the Trans-Adriatic Pipeline (TAP) - InfographicBRS Resources Ltd.
The Trans Adriatic Pipeline (TAP) is a natural gas pipeline project. The pipeline will start in Greece, cross Albania and the Adriatic Sea and come ashore in southern Italy, allowing gas to flow directly from the Caspian region to European markets.
This timeline visually represents the development of the pipeline over the past 11 years of development.
Northern is undergoing significant change
There is material inherent value embedded in the Company’s assets
First of three key short term objectives delivered by the sale of the Netherlands
Two more near term targets set to demonstrate value and drive share price growth
– advance the Italian Southern Adriatic portfolio
– test the oil redevelopment play in Alberta, Canada
Appointment of new chairman strengthens the Company, bringing the right type of
skills and experience as well as improving Corporate Governance
Completion of the near term targets will provide a platform from which management can plan the longer term strategy of the business
Bellatrix Exploration Ltd. is a growth oriented oil and gas company operating in Western Canada’s Sedimentary Basin. The Company focuses on operating with integrity and conducting operations in a safe and environmentally responsible manner while providing sustained shareholder growth in value. Our land base is focused in west central Alberta, Canada.
Petro River Oil Corp. (the “Company”) consummated a number of related transactions through which it acquired control of Petro River Oil, LLC (“Petro”) and Petro’s wholly-owned subsidiary Petro River Operating, LLC. Petro is an emerging oil and gas producer with producing wells in the Southeast Kansas region of the Mississippi Lime.
ZaZa Energy Corporation is both a conventional and unconventional exploration and production company with a world-class portfolio consisting of resource assets in Texas, U.S.A. ZaZa’s singular focus is the continuous, safe, and efficient development of its diverse and expanding oil and gas resource portfolio. ZaZa is committed to generating superior shareholder returns by leveraging its industry leading technical expertise to continuously streamline its operations, maximize production and reduce operating costs.
Constellation Energy Partners LLC reported financial and operational results for the fourth quarter and full year of 2013. Key highlights included:
- Oil accounted for 51% of sales revenue in 2013, with average daily oil production up 84% year-over-year.
- Operating costs were $24.69 per BOE for 2013, down 4% from 2012.
- Capital spending of $15.7 million in 2013 resulted in 79 net wells and recompletions.
- The company forecast $20-22 million in capital spending and 1,346-1,552 MBOE of production for 2014, with adjusted EBITDA of $26.7-29.9 million.
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