• AleAnna received a DeGolyer and MacNaughton prospective resource report covering 32 undrilled gas prospects in Italy’s Po Valley, estimated at 575 Bcf of un-risked Pmean gross sales gas, or about 520 Bcf net.
• The company expanded its development plan to target eight new drilling projects starting Jan. 1, 2027, including Gradizza, with additional prospects deferred to 2032 and beyond.
• Most locations are held at 100% working interest, with five prospects on the Longanesi concession not fully owned.
• The plan emphasizes tie-backs to existing Longanesi infrastructure, clustered development near Longanesi, and a new Miocene play targeting large anticlinal closures.
• Funding is expected to rely primarily on internal cash flow to limit new debt or equity issuance.

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: 202605210700PRIMZONEFULLFEED9724209) on May 21, 2026, and is solely responsible for the information contained therein.