Brs Resources

DALLAS, TX–(Marketwired – Sep 12, 2013) – BRS Resources Ltd. (TSX VENTURE: BRS) is pleased to announce that Po Valley Energy Limited (PVE) has carried out initial testing of the Quaternary gas bearing level of the Gradizza-1 exploration well. BRS is participating in the well through its membership interest in AleAnna Resources, LLC. As previously announced, AleAnna and PVE executed a farm-in agreement which allowed AleAnna to earn a 10% interest in the Gradizza prospect and La Prospera permit.  The Gradizza-1 well encountered good gas shows and a drilling break in the target Pleistocene-age sand interval. After coring and logging, operations confirmed the presence of a gas-bearing reservoir exceeding 33 ft (10 m) in thickness and 7-in. casing was run and cemented to a total depth of 3,372 ft (1,028 m). The well was perforated from 2,808 to 2,822 ft (856 to 860 m), gravel packed, and 2 3/8-in. production tubing installed. The initial shut-in tubing pressure recorded was 1,110 psi (78 kg/cm2), indicating origin