AleAnna Inc. has received a formal Production Concession for its Gradizza Field from the Italian Ministry of Environment and Energy Security (MASE). This concession grants AleAnna an initial 20-year production period, marking the final approval required before the company can begin producing from its first fully owned and operated property. Production is expected to commence shortly after the completion and approval of a 12-month seismic and subsidence monitoring study, which is already underway. The company anticipates updates to its Reserves and Prospective Resources reports following new findings in the Po Valley Basin, and plans to update its resource development plan accordingly.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AleAnna Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9627255-en) on January 20, 2026, and is solely responsible for the information contained therein.