AleAnna Development Plan Aligns With European Union Declaration on Russian Gas Phase-Out and Strengthens Italy’s Energy Security

Rhea-AI Summary

AleAnna (ANNA) outlines an Italy-focused natural gas development plan aligned with the European Union’s formal regulation to phase out Russian gas, emphasizing domestic supply, infrastructure-adjacent brownfield projects, and a parallel renewable natural gas (RNG) platform.

The company controls ~2.7 million acres of concessions, ~140,000 acres of 3D seismic, a 33.5% interest in the Longanesi discovery, seven wells drilled to date, and plans for twelve ultimate Longanesi wells plus thirteen additional onshore development projects and 25+ RNG initiatives concentrated in the Po Valley.

Positive

• Controls approximately 2.7 million acres of Italian oil and gas concessions
• Owns ~140,000 acres of 3D seismic data (about 567 kilometers)
• Holds a 33.5% working interest in Longanesi, Italy’s largest recent onshore gas discovery
• Has completed three Po Valley discoveries (Longanesi, Trava, Gradizza)

Negative

• 7 wells drilled to date versus 12 ultimate wells planned at Longanesi
• 13 additional development projects planned over the next decade, requiring execution and capital

Key Figures

Owned 3D seismic data: approximately 140,000 acres (about 567 km) Oil & gas concessions: approximately 2.7 million acres Exploration permits: 13 permits covering ~940,000 acres +5 more

8 metrics

Owned 3D seismic data approximately 140,000 acres (about 567 km) Eastern Po Valley subsurface imaging

Oil & gas concessions approximately 2.7 million acres Italy concessions held by AleAnna

Exploration permits 13 permits covering ~940,000 acres Italy exploration portfolio

Development applications 15 applications totaling >1.6 million acres Long-dated development pipeline

Longanesi working interest 33.5% Interest in Italy’s largest onshore gas discovery in 20+ years

Planned Longanesi wells 12 ultimate wells Seven already drilled, including five at Longanesi

RNG facilities in Italy 2,924 facilities; 61% in Po Valley Context for AleAnna’s RNG platform

RNG penetration target 10% by 2030 EU-mandated renewable natural gas objective

Market Reality Check

Price: $2.67 Vol: Volume 4,902 vs 20-day av...

low vol

$2.67 Last Close

Volume Volume 4,902 vs 20-day average 20,147 (about one-quarter of typical activity). low

Technical Price $2.67 is trading below the 200-day MA at $5.53 and far under the $18.30 52-week high.

Peers on Argus

Despite ANNA down 4.6%, several Oil & Gas E&P peers show mixed moves: EPM (+1.55...

1 Up 1 Down

Despite ANNA down 4.6%, several Oil & Gas E&P peers show mixed moves: EPM (+1.55%), KGEI (+1.26%), AMPY (+1.21%), REI (+3.48%) and INR (-0.69%). Momentum scanner also shows one peer up 11.32% and another down 5.50%, reinforcing a stock-specific move rather than a sector-wide rotation.

Historical Context

3 past events · Latest: Jan 20 (Positive)

Pattern 3 events

Date	Event	Sentiment	Move	Catalyst
Jan 20	Gradizza concession	Positive	+7.0%	20-year Gradizza production concession and Q1 2027 initial output target.
Nov 12	Q3 2025 earnings	Positive	+9.5%	First profitable quarter driven by Longanesi revenue and strong cash generation.
Aug 12	Gradizza approval	Positive	-8.5%	Regional approval for Gradizza with detailed reserves and 12–18 month timeline.

Pattern Detected

Recent ANNA news has more often seen positive price alignment, though one major project approval drew a negative reaction.

Recent Company History

Over the last several months, ANNA’s trajectory has centered on building Italian gas production and achieving profitability. On Aug 12, 2025, regional approval for the Gradizza project came with detailed reserve figures but the stock fell. By Nov 12, 2025, Q3 results showed profitability and Longanesi-driven revenue growth, and shares rose. The Jan 20, 2026 Gradizza production concession again highlighted long-duration Italian gas development. Today’s EU-aligned development plan continues this theme of leveraging Po Valley assets to support Italy’s energy security.

Market Pulse Summary

This announcement positions AleAnna’s Italian gas and RNG portfolio directly against the EU’s formal...

Analysis

This announcement positions AleAnna’s Italian gas and RNG portfolio directly against the EU’s formal mandate to phase out Russian gas, emphasizing domestic, infrastructure-adjacent projects and a broad Po Valley acreage base of over 2.7 million acres. Recent history shows tangible progress at Longanesi and Gradizza alongside profitability in 2025. Investors may track future updates on development timelines, regulatory steps, and commercialization of the more than 25 RNG projects as key indicators of how effectively this strategy converts into sustained cash flow.

Key Terms

lng, renewable natural gas, rng, 3d seismic data, +1 more

5 terms

lng technical

"to restrict Russian pipeline and LNG imports, reinforcing the strategic importance"

Liquefied natural gas (LNG) is natural gas that has been cooled into a liquid so it takes up far less space for transport and storage, like turning a bulky bundle into a compact package for shipping. Investors care because LNG enables gas trade across regions without pipelines, so changes in production, export capacity, shipping, or demand can quickly affect energy company revenues, infrastructure operators and commodity prices, amplifying both opportunity and risk.

renewable natural gas technical

"build-out of a scaled renewable natural gas (“RNG”) platform."

Renewable natural gas is methane captured from organic waste—like landfills, farms, or wastewater—and cleaned to the same quality as conventional pipeline gas so it can be used for heating, electricity, or vehicle fuel. Investors care because it turns waste into a revenue-generating commodity, can qualify for carbon credits or government incentives, and can reduce a company's emissions profile, affecting long-term costs, regulatory risk, and market demand much like converting trash into sellable fuel.

rng technical

"scaled renewable natural gas (“RNG”) platform."

Renewable natural gas (RNG) is methane captured from organic waste sources—like landfills, farms, or wastewater—and cleaned to match the quality of conventional natural gas. For investors, RNG matters because it turns waste into a marketable, low-carbon fuel that can create new revenue streams, qualify for environmental credits, and reduce a company’s carbon footprint much like turning trash into a sellable product.

3d seismic data technical

"controls approximately 140,000 acres of owned 3D seismic data in the Eastern Po Valley"

Three-dimensional seismic data is a detailed underground map created by sending sound waves into the earth and recording how they bounce back, then combining those signals into a 3D picture of rock layers and structures beneath the surface. For investors, it matters because it reduces uncertainty about where oil, gas, or mineral deposits might be, helping companies pick better drilling sites, estimate resource size, and lower the risk and cost of exploration—think of it as a GPS for subsurface targets.

working interest financial

"AleAnna owns a 33.5% working interest in the Longanesi Field"

The working interest is the percentage ownership one party holds in an oil or gas lease that gives them the right to a share of production and also the obligation to pay a proportional share of exploration, development and operating costs. Think of it like owning a slice of a cake but also agreeing to pay part of the bill to bake it: a larger working interest means bigger potential revenue when wells produce, but also larger exposure to costs and liabilities if things go wrong.

AI-generated analysis. Not financial advice.

EU Russian Gas Exit Accelerates Need for Domestic Supply -- AleAnna’s Plan Responds

Key Highlights

• The European Commission’s formal regulation to phase out Russian natural gas imports creates an immediate policy-driven requirement for secure domestic and allied supply across Europe.
• AleAnna’s Italy-focused development plan advances near-term, infrastructure-adjacent natural gas projects designed to strengthen Italy’s energy security and reduce exposure to geopolitical supply risk.
• With development-ready assets and a multi-year production runway, AleAnna is positioned to deliver dependable domestic gas volumes as Europe rebalances its supply mix.
  

DALLAS and MILAN, Feb. 02, 2026 (GLOBE NEWSWIRE) -- AleAnna today outlined how its Italy-focused natural gas development plan directly supports European energy security objectives following the European Commission’s formal adoption of a regulation to phase out imports of Russian natural gas.

The European Union’s declaration establishes binding timelines to restrict Russian pipeline and LNG imports, reinforcing the strategic importance of secure, domestic, and allied sources of supply. AleAnna’s development plan is designed to help address this shift by advancing reliable Italian natural gas production tied to existing infrastructure.

“The European Commission’s formal declaration to phase out Russian gas marks a decisive policy inflection,” said Graham Van’t Hoff, Chairman of AleAnna. “Energy security is no longer theoretical. Italy has domestic gas resources, existing infrastructure, and the technical capability to convert those assets into dependable supply. AleAnna’s development plan is structured to do exactly that.”

Supporting Europe’s Energy Security Mandate
The EU regulation reflects a clear strategic priority: reducing exposure to geopolitical supply risk while maintaining affordability and system reliability. AleAnna’s development plan is aligned with this mandate by prioritizing projects intended to deliver long-duration, domestic natural gas supply into the Italian market.

Development Plan Focus -- Security, Reliability, Execution

AleAnna’s plan is designed to:

• Strengthen domestic Italian gas production in direct response to the EU’s formal phase-out of Russian gas imports.
• Reduce reliance on external suppliers by advancing brownfield, infrastructure-adjacent projects with shorter development timelines and lower execution risk.
• Enhance system resilience and price stability by adding secure domestic volumes during a period of European supply rebalancing.
• Support energy sovereignty while remaining consistent with responsible operational and environmental standards.

Positioned for a Changing European Supply Landscape
As Europe adjusts to tighter supply constraints under the European Union’s formal mandate to phase out Russian gas, and as global LNG availability increases but remains exposed to market and geopolitical volatility, AleAnna believes that domestic Italian natural gas can play a critical stabilizing role. Development of secure, infrastructure-adjacent domestic supply can help meet core demand, reinforce grid reliability during periods of stress, and moderate price volatility as Europe transitions to a more diversified and resilient energy system.

About AleAnna
AleAnna is a technology-driven energy company focused on the redevelopment of Italy’s onshore natural gas system and the build-out of a scaled renewable natural gas (“RNG”) platform. The company controls approximately 140,000 acres of owned 3D seismic data in the Eastern Po Valley (approximately 567 kilometers) and holds approximately 2.7 million acres of oil and gas concessions in Italy, including thirteen exploration permits covering approximately 940,000 acres and fifteen development applications totaling more than 1.6 million acres, providing a long-dated, difficult-to-replicate permitting portfolio with a 15-year head start on future development. AleAnna owns a 33.5% working interest in the Longanesi Field, Italy’s largest onshore natural gas discovery in more than two decades, and has drilled seven wells to date, including five at Longanesi, with twelve ultimate Longanesi wells expected. The company has completed three Po Valley discoveries -- Longanesi, Trava, and Gradizza -- and has thirteen additional onshore development projects planned over the next decade, all located within Italy’s primary natural gas corridor, which includes approximately 33,000 kilometers of natural gas pipeline infrastructure and three gas storage facilities. In parallel, AleAnna is developing a brownfield-weighted RNG platform comprising more than 25 identified projects concentrated in the Po Valley, which hosts approximately 61% of Italy’s 2,924 RNG facilities. AleAnna’s RNG strategy is aligned with EU policy objectives, including a mandated 10% RNG penetration by 2030.

Investor Relations Contact
Ivan Ronald
ironald@aleannagroup.com

Website
https://www.aleannainc.com/

FAQ

How does AleAnna (ANNA) plan to support the EU's 2026 Russian gas phase-out in Italy?

AleAnna plans to advance brownfield, infrastructure-adjacent natural gas projects to boost domestic supply. According to AleAnna, the plan prioritizes shorter timelines, lower execution risk, and long-duration volumes to reinforce Italian energy security during EU supply adjustments.

What are AleAnna’s key Italy assets and acreage holdings (ANNA)?

AleAnna controls a large Italian portfolio including ~2.7 million acres of concessions and ~140,000 acres of 3D seismic. According to AleAnna, this includes thirteen exploration permits and fifteen development applications across the Po Valley corridor.

What is AleAnna’s stake and drilling progress at the Longanesi field (ANNA)?

AleAnna owns a 33.5% working interest in Longanesi and has drilled seven wells so far. According to AleAnna, twelve ultimate Longanesi wells are expected, indicating additional development and investment are required to reach full field plans.

How is AleAnna integrating renewable natural gas (RNG) into its strategy (ANNA)?

AleAnna is building a brownfield-weighted RNG platform with over 25 identified projects concentrated in the Po Valley. According to AleAnna, the RNG strategy aligns with EU objectives, including a mandated 10% RNG penetration by 2030.

What near-term benefits could AleAnna’s plan deliver for Italian energy security (ANNA)?

The plan aims to add domestic, infrastructure-adjacent gas volumes to improve system resilience and price stability. According to AleAnna, these projects are intended to reduce reliance on external suppliers and support grid reliability during EU supply rebalancing.