AleAnna, Inc. Announces Significant Increase in Proved Reserves Volumes
Rhea-AI Summary
AleAnna (NASDAQ: ANNA) reported a material uplift in its year-end 2025 third‑party reserves report from DeGolyer and MacNaughton, with Total Proved Reserves of 25.8 Bcf, a 47% increase versus year‑end 2024 after 2025 production.
Year‑end Proved Reserves rose 37% at Longanesi, 75% at Gradizza, Proved Developed Producing reserves were recognized at Longanesi for the first time, and Total Proved Reserves were recognized at Trava for the first time. Company expects similar increases to undeveloped Prospective Resource and will provide further updates.
Positive
- Total Proved Reserves increased to 25.8 Bcf (+47% vs YE2024)
- Longanesi Proved Reserves up 37% with PDP recognized first time
- Gradizza Proved Reserves up 75%
- Trava recognized with Total Proved Reserves for the first time
- D&M independent analysis upgraded recoverable gas by identifying Thin‑Bed Turbidites
Negative
- Reserve additions reflect revised technical and probabilistic promotions, not guaranteed production
- Company may need additional capital for development and RNG projects, per forward‑looking disclosures
News Market Reaction – ANNA
In the Mar 12 session, ANNA gained 4.60%, reflecting a moderate positive market reaction. Argus tracked a peak move of +6.7% during that session. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Feb 02 | Strategic update | Positive | -3.4% | Italy-focused gas plan aligned with EU Russian gas phase-out and RNG growth. |
| Jan 20 | Regulatory milestone | Positive | +7.0% | Gradizza production concession and notice of upcoming reserves/resources revisions. |
| Nov 12 | Earnings results | Positive | +9.5% | Q3 2025 profitability driven by Longanesi revenue and stable production. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent positive operational and strategic news has usually seen positive price reactions, though a February 2026 energy security update sold off despite favorable positioning.
Over the past several months, AleAnna has reported profitability from Longanesi in Q3 2025, with net income of $5.3 million and strong production, which was followed by a 9.52% gain after earnings on Nov 12, 2025. In January 2026, the company secured a Gradizza production concession and flagged upcoming reserves revisions, prompting a 7% move higher. A February 2026 development plan aligned with EU Russian gas phase-out drew a -3.42% reaction. Today’s reserves upgrade builds directly on those development and reserves signals.
Key Terms
total proved reserves financial
proved developed producing financial
prospective resource financial
thin-bed turbidites technical
gas-in-place technical
recoverable gas technical
reservoir performance technical
rng technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Year-End 2025 Third-Party Reserves Report from DeGolyer and MacNaughton Boosts Total Proved Reserves by
- 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 and75% 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.
Extensive New Technical Studies Strongly Support Increases to Proved Reserves and Prospective Resources Throughout AleAnna’s Po Valley Assets
In early and mid-2025 AleAnna’s technical experts completed significant updates to its reservoir and resource evaluation models across the Po Valley. Preliminary internal results indicate the presence of additional, previously unevaluated pays, known as Thin-Bed Turbidites, in the Longanesi, Trava, and Gradizza fields. As a result, AleAnna engaged D&M to conduct an independent Thin-bed pay analysis for all three fields using advanced log interpretation techniques and software. In its report to AleAnna, D&M concluded that all of the wells drilled to date contain significant amounts of Thin-Bed Turbidites, allowing it to increase its gas-in-place and recoverable gas estimates for all three fields.
AleAnna also commissioned D&M to update its Reserves report using encouraging Longanesi production data and reservoir performance from 2025. The results of this analysis allowed D&M to promote a certain amount of reserves from the Probable category at year-end 2024 to the Proved category at year-end 2025, a positive development in terms of future recoverable reserves.
According to both AleAnna internal and D&M studies, the presence of Thin-bed Turbidites throughout the Po Valley basin is now recognized, and based upon thicker pay columns and good early performance of Turbidite reservoirs at Longanesi, similar increases to resource estimates for the Company’s development portfolio can be expected. AleAnna will provide an update to its Po Valley development program and further discuss this positive development in the near future.
Management Commentary
Marco Brun, Chief Executive Officer, commented:
“We are pleased to announce the receipt of our final year-end 2025 reserves report from DeGolyer and MacNaughton, confirming a substantial increase in our proved reserves base. As a result, Total Proved Reserves at year-end 2025 increased by
About AleAnna
AleAnna is a technology-driven energy company focused on bringing sustainability and new supplies of low-carbon natural gas and RNG to Italy, aligning traditional energy operations with renewable solutions, with developments like the Longanesi field leading the way in supporting a responsible energy transition. With three conventional gas discoveries in Italy already made and fourteen new natural gas exploration projects planned this decade, AleAnna plays a pivotal role in Italy’s energy transition. Italy’s extensive infrastructure, featuring 33,000 kilometers of gas pipelines, three major gas storage facilities, and a strong base of existing RNG facilities, aligns with AleAnna’s commitment to sustainability. AleAnna’s RNG projects’ portfolio includes three plants under development and almost 100 projects representing approximately
Forward-Looking Statements
The information included herein contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Certain statements, other than statements of present or historical fact included herein regarding AleAnna’s future operations, financial position, plans and objectives are forward-looking statements. When used herein, including any statements made in connection herewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” and other similar expressions are forward-looking statements. However, not all forward-looking statements contain such identifying words. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on AleAnna’s current beliefs, expectations and assumptions regarding the future of its business, future plans and strategies, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of AleAnna’s control. AleAnna’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements, which speak only as of the date made. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, but are not limited to, those under “Risk Factors” in AleAnna’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 31, 2025, as updated by the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the SEC on November 12, 2025, as well as general economic conditions; AleAnna’s need for additional capital; risks associated with the growth of AleAnna’s business; and changes in the regulatory environment in which AleAnna operates. Additional information concerning these and other factors that may impact AleAnna’s expectations and projections can be found in filings it makes with the SEC, and other documents filed or to be filed with the SEC by AleAnna. SEC filings are available on the SEC’s website at www.sec.gov. Except as otherwise required by applicable law, AleAnna disclaims any duty to update any forward-looking statements, all expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof.
Investor Relations Contact
Ivan Ronald
ironald@aleannagroup.com
Website
https://www.aleannainc.com/
