BRS Resources LTD. (TSX.V: BRS) is a publicly traded oil and gas company headquartered in Dallas, TX, focused on aggregating a major position in Italy, where oil and gas reserves have been overlooked and under‐exploited.
Through a 7% membership interest (17% after payout) in privately owned AleAnna Resources LLC, BRS Resources is uniquely positioned to grow reserves, production, cash flow and ultimately shareholder value by exploiting its interest in the 803,000 acres onshore Italy that AleAnna controls. The majority of the acreage is located in Italy’s prolific Po Valley, Europe’s second largest onshore gas province, where historically 27 trillion cubic feet of natural gas (Tcf) have been produced and where significant infrastructure is already in place. Moreover, when Italy became a founding member of the EU, ENI S.P.A. (NYSE: E) was required to relinquish undeveloped acreage in the Po Valley. By competitive nomination of prospective lease areas, AleAnna Resources became the second largest leaseholder in onshore Italy. BRS subsequently partnered with AleAnna Resources and became an early mover in the Po Valley and is uniquely positioned to capture the upside as the natural gas market in Italy
continues to develop.
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BRS Resources LTD. (TSX.V: BRS) is a publicly traded oil and gas company headquartered in Dallas, TX, focused on aggregating a major position in Italy, where oil and gas reserves have been overlooked and under‐exploited.