AleAnna shares surge 11.67% intraday after securing Italy's Gradizza oilfield production license, marking first fully owned project and strategic progress toward European sustainable gas leadership.

AleAnna surged 11.67% intraday, driven by the announcement of securing a 20-year production license for the Gradizza oilfield in Italy, its first fully owned and operated project, and the initiation of a 12-month seismic and subsidence monitoring study. The company also expects imminent receipt of revised reserve and resource reports from DeGolyer and MacNaughton, highlighting new reservoirs and development opportunities. The milestone marks strategic progress toward becoming a leading European sustainable natural gas supplier.