In March 2008, the Italian ministry of economic development has approved AleAnna’s exploration application for the 248sqkm Corte dei Signori area. The area is located in the Emilia-Romanga region, in the Po Valley, approximately 20km east of the town of Ferrara.
Richard Green, president and CEO of Saxon Oil, said: AleAnna’s accomplishments in receiving ministry approval for seismic operations in the Corte dei Signori area and executing a contract are significant. Saxon is very excited about the opportunities Saxon has acquired and identified in Europe.
