Penn Virginia Corporation to Participate in Upcoming Investor Conferences

Penn Virginia Corporation (NYSE: PVA) announced today that it will
participate in two upcoming investor conferences.

PVA will participate in The 2011 Oil & Gas Conference, hosted by
EnerCom, Inc., in Denver on Monday, August 15, 2011. PVA′s presentation
is scheduled for 5:35 p.m. Eastern time (3:35 p.m. Mountain time).
Steven A. Hartman, Senior Vice President and Chief Financial Officer,
will present an overview of PVA′s operations, including a discussion of
strategy and recent activities.

PVA will also participate in the 2011 CEO Energy-Power Conference,
hosted by Barclays Capital Inc., in New York on Tuesday, September 6,
2011 and Wednesday, September 7, 2011. PVA′s presentation is scheduled
for September 6, 2011 at 1:45  p.m. Eastern time. H. Baird Whitehead,
President and Chief Executive Officer, will present an overview of PVA′s
operations, including a discussion of strategy and recent activities.

The presentations will be webcast, with links to the webcast and
accompanying slideshow presentation provided prior to the events at
PVA′s website, www.pennvirginia.com,
under 'Presentations & Webcasts? in the investor relations section.

Penn Virginia Corporation (NYSE: PVA) is an independent oil and gas
company engaged primarily in the development, exploration and production
of natural gas and oil in various domestic onshore regions including
Texas, Appalachia, the Mid-Continent and Mississippi.For more
information, please visit our website at www.pennvirginia.com.

Penn Virginia Corporation

James W. Dean

Vice President,
Corporate Development

Ph: (610) 687-7531

Fax: (610) 687-3688

E-Mail:
invest@pennvirginia.com