BRS Resources (TSX.V: BRS) announced its third party National Instrument 51-101 compliant report estimates as of October 31, 2011, BRS’ total recoverable reserves (1P, 2P, and 3P) across the 61,628 acre Corte dei Signori (CDS) permit area in the Po Basin of Northern Italy at 17.81 Bcf with future net revenue of $115.47 million net to the Company, discounted at 10% annually.

Proved Reserves (1P) at CDS: BRS’ proved reserves at the Gallare Field in the CDS is 2.21 Bcf of recoverable gas, with future net revenues of $17.25 million before income t...


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