HOUSTON, TX--(Marketwired - March 15, 2017) - Accelerated development this month with a second rig focused initially on testing slickwater completion design in the deeper, three-string (Area 2) acreage Strong initial results from the Sable and Axis three-well pads with combined 24-hour IP rates of 6,540 and 6,341 barrels of oil equivalent per day [...]
HOUSTON, TX --(Marketwired - February 14, 2017) - Penn Virginia Corp. ("Penn Virginia or the "Company") (NASDAQ: PVAC) announced today that it will release its fourth quarter and full-year 2016 results after the market closes on Wednesday, March 15, 2017, and hold a conference call / webcast on Thursday, March 16, 2017, at 11:00 a.m. ET. In [...]
HOUSTON, TX--(Marketwired - December 28, 2016) - Penn Virginia Corp. (the "Company") (NASDAQ: PVAC) announced that the Company's common stock commenced trading today on the Nasdaq Global Select Market under the trading symbol "PVAC". Upon commencement of trading on the Nasdaq Global Select Market, the Company's common stock ceased trading on the [...]
HOUSTON, TX --(Marketwired - November 16, 2016) - Penn Virginia Corp. (the "Company") (OTCQX: PVAC) announced that the Company's common stock commenced trading today on the OTCQX U.S. Premier market under the trading symbol "PVAC". John A. Brooks, Interim Principal Executive Officer and Chief Operating Officer, commented, "We are very pleased to [...]
HOUSTON, TX--(Marketwired - November 14, 2016) - Penn Virginia Corp. ("Penn Virginia" or the "Company") (OTC PINK: PVAC) today reported financial and operational results for the three months ended September 30, 2016. Key Highlights for Third Quarter 2016 Penn Virginia successfully completed its restructuring process on September 12, 2016 with 100 [...]
HOUSTON, TX--(Marketwired - November 08, 2016) - Penn Virginia Corp. (the "Company") announced today that it plans to postpone the release of its third quarter 2016 financial results and related conference call and webcast, previously scheduled for November 9, 2016, to provide additional time for the Company's management to complete their review of [...]
HOUSTON, TX--(Marketwired - October 19, 2016) - Penn Virginia Corp. ("Penn Virginia or the "Company") announced today that it will release its third quarter 2016 results after the market closes on Tuesday, November 8, 2016, and hold a conference call / webcast on Wednesday, November 9, 2016, at 11:00 a.m. ET. The full text of the third quarter [...]
Company has Commitment for up to $200 Million in New Financing and Closes on a $50 Million Rights Offering; Establishes Board of Directors Led by Chairman Harry Quarls HOUSTON, TX--(Marketwired - September 12, 2016) - Penn Virginia Corp. ("Penn Virginia" or the "Company") announced today that it has satisfied the conditions precedent to the [...]
Restructuring Will Reduce Company’s Long-Term Debt by More Than $1 Billion, With the Support of Approximately 86% of its Senior Noteholders and 100% of its Bank Lenders Receives Commitment for $25 Million in DIP Financing, up to $128 Million in Committed Exit Financing, and a $50 Million Backstopped Rights Offering RADNOR, Pa., May 12, 2016 [...]
RADNOR, Pa., March 16, 2016 (GLOBE NEWSWIRE) -- Penn Virginia Corp. (“Penn Virginia” or the “Company”) (OTC Pink:PVAH) announced today that it and certain of its subsidiaries have reached agreement on an amendment (the “Credit Amendment”) with the lenders under its reserve-based financing facility (the “RBL [...]
RADNOR, Pa., Jan. 15, 2016 (GLOBE NEWSWIRE) -- Penn Virginia Corp. (OTC Pink:PVAH) today announced that it has retained financial advisors Jefferies LLC and legal advisors Kirkland & Ellis LLP to advise management and the Board of Directors on strategic alternatives related to its capital structure. Edward B. Cloues, II, Chairman and interim Chief [...]
Penn Virginia today announced that it received notification from the NYSE that the NYSE had determined to commence proceedings to delist the Company’s common stock as a result of the NYSE’s determination that the Company’s common stock was no longer suitable for listing on the NYSE based on “abnormally low” price [...]
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