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BRS to begin Trava well production tests this month

BRS Resources Ltd (C:BRS)
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Friday March 17 2017 – News Release

Mr. Byron Coulthard reports

TRAVA 2 — NATURAL GAS DRILLING UPDATE

BRS Resources Ltd. has been advised that the Trava 2-D exploration well, located in the southern half of Corte dei Signori permit area in the Po Valley of northern Italy, has been successfully drilled and logged to a total depth of 3,619 feet (1,103 metres).

The Trava 2D well, with multiple reservoir targets in the prolific Pliocene-age Porto Garibaldi sand, encountered numerous gas shows during the drilling process. The well is being completed and production tests are scheduled to begin later this month.

“Everything so far indicates we have a commercially viable well, but we’ll know much more after the production tests are completed,” said Byron Coulthard, president and CEO of BRS. “The successful drilling of Trava 2 wells confirms AleAnna’s technical and operational abilities in safely executing a complex drilling operation.

“Furthermore,” Coulthard continued, “during the drilling phase, AleAnna encountered all the formation tops and stratigraphic markers in the well at the depths indicated from our 3D seismic mapping, which is exciting in its own right, because it proves 3D seismic works in the Po Valley. From our large library of 3D seismic surveys, we have identified a number of other drillable prospects in the Po Valley.”

AleAnna holds thirty-one exploration applications and permits for over 2.9 mm acres (11,782 sq. km) in Italy. To date, AleAnna has also amassed the largest portfolio of newly acquired 3D geophysical data onshore in Italy and has two successful wells in final stage of production concession award.

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