Penn Virginia Corporation to Participate in Upcoming Investor Events

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

PVA will participate in The Oil & Gas Conference ? 17, hosted by EnerCom,
Inc., in Denver, from Monday, August 13, 2012 through Tuesday, August
14, 2012. PVA′s presentation time is 1:20 ?p.m. Eastern time (11:20 a.m.
Mountain time) on August 14, 2012. James W. Dean, Vice President,
Corporate Development, will present an overview of PVA′s operations,
including a discussion of strategy and recent activities.

In addition, PVA will participate in Barclays′ CEO Energy-Power
Conference in New York on Tuesday, September 4, 2012. PVA′s presentation
time is 1:45 ?p.m. Eastern time on September 4, 2012. H. Baird Whitehead,
President and Chief Executive Officer, and other members of management
will present an overview of PVA′s operations, including a discussion of
strategy and recent activities.

Please visit PVA′s website, www.pennvirginia.com,
under 'Presentations & Webcasts? in the investor relations section to
view the accompanying slideshow presentations to be posted prior to the
events, as well as to listen to the webcasts associated with the
conferences.

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, 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