Denbury Resources Inc. and Penn Virginia Corp. today announced that they have jointly filed a definitive joint proxy statement/prospectus with the SEC in connection with Denbury’s proposed acquisition of Penn Virginia. Special meetings of Denbury stockholders and Penn Virginia shareholders have been set for Wednesday, April 17, 2019 to approve the [...]
Penn Virginia Corp. today announced its financial and operational results for the fourth quarter and full year 2018, and year-end reserve estimates. Significant Fourth Quarter and Full-Year Highlights Entered into a definitive merger agreement on October 28, 2018, to be acquired by Denbury Resources Inc., with a special meeting of shareholders [...]
Penn Virginia Corp. announced today that it will release fourth quarter and full-year 2018 results before market open on Wednesday, February 27, 2019. Due to the previously announced pending transaction with Denbury Resources Inc., Penn Virginia will not host an earnings conference call in connection with the fourth quarter and full-year 2018 [...]
-- Entered into Definitive Merger Agreement to be Acquired by Denbury Resources -- -- Oil Production Increases Nine Percent over Second Quarter -- Penn Virginia Corp. today announced its financial and operational results for the third quarter 2018. Significant Third Quarter and Recent Highlights Entered into a definitive merger agreement on October [...]
Penn Virginia Corp. announced today that it will release third quarter 2018 results before market open on Thursday, November 8, 2018. Due to the previously announced pending transaction with Denbury Resources Inc., Penn Virginia will not host an earnings call in connection with the third quarter 2018 results. Penn Virginia also announced today that [...]
Denbury Resources Inc. and Penn Virginia Corp. today announced that they have entered into a definitive merger agreement pursuant to which Denbury will acquire Penn Virginia in a transaction valued at approximately $1.7 billion, including the assumption of debt. The consideration to be paid to Penn Virginia shareholders will consist of 12.4 shares [...]
Penn Virginia Corp. today announced that V. Frank Pottow has joined the Board of Directors as a new independent member, effective September 10, 2018. Mr. Pottow is the Co-Founder of GCP Capital and has been a Managing Director and member of the investment committee of Greenhill Capital Partners since July 2002. Mr. Pottow has more than 25 years of [...]
Penn Virginia Corp. today announced it will participate in the following upcoming conferences. Barclays CEO Energy-Power Conference to be held in New York on September 4-6, 2018 at the Sheraton New York Times Square Hotel. Penn Virginia’s presentation will begin at 9:45 a.m. ET on Thursday, September 6, 2018. The presentation will be [...]
--- Increased Production 39 Percent over First Quarter --- --- Raises Area 2 North EUR --- Penn Virginia Corp. today announced its financial and operational results for the second quarter 2018. Significant Operational and Financial Highlights Produced 22,200 barrels of oil equivalent per day for the second quarter of 2018, exceeding midpoint of [...]
HOUSTON, July 31, 2018 -- Penn Virginia Corp. today announced that Penn Virginia has closed the sale of its entire position in Oklahoma to a third party for a base price of $6 million, subject to customary adjustments. The table below sets forth the Company’s operational data for the disposed Oklahoma properties and for Penn Virginia pro [...]
HOUSTON, July 23, 2018 -- Penn Virginia Corp. announced today that its Board of Directors intends to evaluate a range of strategic alternatives to enhance shareholder value, including without limitation, a corporate sale, merger or other business combination, one or more strategic acquisitions, or other transactions. John A. Brooks, President and [...]
HOUSTON, July 12, 2018 -- Penn Virginia Corp. announced today that it will release second quarter 2018 results after the market closes on Tuesday, August 7, 2018, and hold a conference call and webcast on Wednesday, August 8, 2018, at 11 a.m. EDT. Event: Penn Virginia Corp. Second Quarter 2018 Earnings Call Earnings Call Timing: Wednesday August 8 [...]
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