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AleAnna's year-end 2025 reserve report from DeGolyer and MacNaughton (“D&M”) shows Total Proved Reserves of 25.8 Bcf, a 47% increase over year-end 2024 (after subtracting 2025 production volumes) Year-end Total Proved Reserves increased 37% at Longanesi and 75% at Gradizza. Proved Developed Producing reserves were recognized for the first time at Longanesi, and Total Proved Reserves were recognized at Trava for the first time Similar increases to AleAnna's undeveloped Prospective Resource are expected, and the Company will issue another statement on that subject in the near future DALLAS and MILAN, March 12, 2026 (GLOBE NEWSWIRE) -- AleAnna, Inc. (“AleAnna” or the “Company”) (Nasdaq: ANNA) is pleased to announce the receipt of its final year-end 2025 reserves report from D&M, which contains a material increase to Total Proved Reserves and the productive lifespan of Longanesi field, and also to Total Proved Reserves at the Gradizza and Trava fields.
This Milestone Represents the Final Approval Required Prior to First Production at Gradizza field, AleAnna's First Fully-Owned and Operated Property
This Milestone Represents the Final Approval Required Prior to Ministry Award of a Production Concession The Emilia-Romagna Region in Italy has agreed to enter into a formal agreement (the Intesa) with the Ministry of Environment and Energy Security (MISE) for the issuance of a Production Concession to AleAnna for the Gradizza Field. Once granted, the Production Concession will authorize AleAnna to begin construction and connect the Gradizza Field to the necessary infrastructure.
