AleAnna Boosts Proved Reserves 47% to 25.8 Bcf with Field Upgrades

ANNAANNA

AleAnna’s year-end 2025 report shows total proved reserves rose 47% year-on-year to 25.8 Bcf after subtracting production, driven by a 37% increase at Longanesi and 75% at Gradizza fields. First-time proved categories were recognized at Longanesi’s producing wells and Trava, with similar gains expected in prospective resources.

1. Year-End 2025 Reserves Increase

AleAnna's total proved reserves reached 25.8 Bcf at year-end 2025, marking a 47% rise from the previous year after accounting for production volumes, including a 37% jump at Longanesi and 75% at Gradizza fields.

2. Technical Analysis Uncovers Thin-Bed Turbidites

Extensive reservoir model updates and a targeted thin-bed pay analysis identified significant Thin-Bed Turbidites across Longanesi, Trava, and Gradizza, enabling upgraded gas-in-place and recoverable estimates.

3. First-Time Proved Reserves Recognized

Proved Developed Producing reserves were recorded for the first time at Longanesi, and Total Proved Reserves were formally recognized at Trava, indicating strengthened recoverable reserves.

4. Next Steps and Production Outlook

AleAnna expects similar increases in undeveloped prospective resources and plans to issue an update on its Po Valley development program, underscoring enhanced production visibility and sustainable growth prospects.

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