Operator · Granite Wash & Marcellus Shale
Penn Virginia Corp
80 articles mentioning Penn Virginia Corp · Page 3 of 4
Harry Quarls to Retire from Penn Virginia
Harry Quarls, Executive Chairman and director of Penn Virginia, is retiring from the company effective February 28, 2018. The Company also announced the expansion of its board of directors from five to seven members and the...
Penn Virginia Adds Third Eagle Ford Rig; Boosts Budget +112% for 2018
Penn Virginia reported its Q3 2017 results. Highlights include: Produced 9,396 BOEPD (73% oil) in Q3 (down -7% from Q2 2017) Upgrades to Existing Rigs / Third Rig Added in Eagle Ford: Recently replaced two drilling...
Penn Virginia Taps New VP of Operations
Penn Virginia has appointed Benjamin A. Mathis as its new VP of Operations. Mathis recently served as Drilling and Completions Manager US Onshore for Statoil.
Penn Virginia Taps New President / CEO, Executive Chairman
Penn Virginia has appointed John A. Brooks as its President & CEO. Additionally, Harry Quarls, the currently presiding Chairman of the Board, has been appointed to the newly created officer position of Executive Chairman. Each appointment...
Penn Virginia Touts Well Results in Q2; Production Up Slighly Over Q1
Penn Virginia reported its Q2 2017 results. Highlights include: - Q1 Production: 10,159 BOEPD (74% oil) an increase of 8% over the first quarter of 2017 - Drilled seven gross (2.3 net) and turned to sales...
Penn Virginia's Enhanced Completions Driving Better Eagle Ford Well Results
Penn Virginia Corporation today announced initial results from its Zebra 6H and 7H wells, and an increase in the borrowing base under its credit facility from $128 million to $200 million. Well Results: The Zebra 6H...
Eagle Ford Operator Armed With 64,000 Net Acres Looking for Buyer
After emerging from bankruptcy just last year, Eagle Ford-focused E&P Penn Virginia on the hunt for a buyer, according to a report by Reuters. Jefferies LLC has been tapped to assist in a potential sale of...
Top Ten Wells of 2016 in the Eagle Ford Shale
With a prime acreage area covering Karnes, Gonzales and DeWitt Counties, EOG continues to dominate in South Texas. The company drilled 8 of the top ten wells in 2016 - one of which flowed 4,196 BOE/D...
Penn Virginia's Stock Begins Trading on OTCQX Market
Penn Virginia's common stock commenced trading today on the OTCQX U.S. Premier market...
Eagle Ford Operator Unveils 2017 Budget, Drilling Plans
The company also outlined its Q3 2016 results.
Penn Virginia Exits Bankruptcy; Borrows $200 Million
Penn Virginia Corporation announced that it has exited its Bankruptcy. During the bankruptcy proceedings the company was able to extinguish/restructure about $1.1 billion in debt. The company has also announced that its liquidity is based on...
Penn Virginia Hits Top Spot : Best 2016 Eagle Ford Well; Beats Out EOG
A look at completions in H1- 2016, shows Penn Virigina getting the top spot over EOG Resources.
Saddled with Over $1.0B in Debt, Penn Virginia Files for Bankruptcy
The Company anticipates emerging from chapter 11 by the end of the summer.
Penn Virginia Issues Growing Concern; $32MM Interest Payment Due
The company is required to pay interest on its senior notes in the amount of $86 million in 2016.
Penn Virginia's Eagle Ford Well Trio Clocks In at 3,700 BOPD
The well completions were in multiple counties across Texas.
Penn Virginia Looks To Jefferies and Kirkland & Ellis For Capital Advice;
Penn Virginia Corporation 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...
Penn Virginia Stock to be Delisted from NYSE
The NYSE also suspended trading in the Company's common stock effective immediately.
Penn Virginia Lowers Costs with Two-String Wells; Modified Frac Design Boosts 30 Day IP
Total production was 20,976 barrels of oil equivalent (BOE) per day (BOEPD), compared to 23,519 BOEPD.
Penn Virginia CEO Retires
Baird Whitehead, President and Chief Executive Officer, has retired as an officer of the Company.
Penn Virginia De-Listed From NYSE
Below the price required by NYSE's continued listing standards.