Bonanza resources Rebound

BRS RESOURCES ANNOUNCES DRILLING PLANS
FOR FIRST ITALIAN WELL
DALLAS, TEXAS–December 5, 2011: BRS Resources (TSX.V: BRS) (“BRS” or the “Company”) today
announced that the drilling permit for the Companyʼs first well in Italy – the Gallare 6d – has been issued by
the Italian Ministry of Economic Development. The permit was issued to the operator AleAnna Resources
LLC, an Italian oil & gas exploration company in which BRS owns a 17.35% membership interest. At the
same time AleAnna finalized a land usage agreement with the landowner. AleAnna is quickly moving ahead
with drilling plans and expects to spud the Gallare 6d well within the next 60 to 90 days, depending upon rig
availability. The wellʼs bottomhole location has been selected using processed 3D seismic data and
construction of the drilling pad will commence in mid-December.
“This is a very exciting time for BRS,” stated Steve Moore, president and CEO of BRS Resources. “We are
thrilled that AleAnna has its first drilling permit in hand, though itʼs really just the beginning of an exploration
and development program that will lay the foundation for BRS Resourcesʼ future growth. This permit has
been eagerly anticipated, and now BRS, through our ownership position in AleAnna Resources, can
commence drilling our first well in Italyʼs Po Valley. Subject to rig availability and weather, we hope to
commence drilling in early 2012. Plans are already in place for the application of several additional drilling
permits in Italy in 2012, as well.”
Through BRSʼs ownership of AleAnna Resources, one of the largest independent oil and gas exploration

DALLAS, TX--(Marketwire - January 24, 2012) - BRS Resources (TSX VENTURE: BRS) ("BRS" or the "Company") announced that Chapman Petroleum Engineering Ltd. ("Chapman"), a qualified reserves evaluator, has prepared a National Instrument 51-101 compliant report (the "Report") estimating reserves and future net revenues for the Company's effective working interest of 17.15% before payout and 24.99% after payout in four geological anomalies in part of the 61,628 acre Corte dei Signori (CDS) permit area in the Po Basin of Northern Italy. BRS owns its working interest in the permit through its ownership of AleAnna Resources LLC ("AleAnna"), one of the largest independent oil and gas exploration and production companies operating in Italy. The Report has been prepared in accordance with the Canadian Oil and Gas Evaluation Handbook (COGE Handbook) and assuming that development of each property in respect of which the estimate is made will occur, without regard to the likely availability to the Company of funding required for such development.