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    Penn Virginia Corp.


    Penn Virginia Corporation, an independent oil and gas company, engages in the exploration and development of natural gas and oil properties in various onshore regions of the United States. The company is involved in the production and sale of natural gas, crude oil, and natural gas liquid products.

    News, Products and Stock Info

    Penn Virginia engages Jefferies as exclusive financial advisor

    08/04/2015 Penn Virginia Corp. has engaged Jefferies LLC to provide financial advice generally and to act as its exclusive financial advisor in connection with asset-level financing transactions with investor...

    Penn Virginia sells East Texas assets for $75 million

    07/16/2015 Penn Virginia Corp. has entered into an agreement to sell its East Texas assets to an undisclosed buyer for gross cash proceeds of $75 million. The sale is expected to close by the end of August.

    Penn Virginia acquires Eagle Ford Shale assets

    07/10/2014 Penn Virginia Corp. (NYSE:PVA) has entered into a definitive agreement to acquire approximately 13,125 (11,660 net) Eagle Ford Shale acres in Lavaca County, Texas for approximately $45 million.

    Penn Virginia promotes Brooks to COO

    12/17/2013 John A. Brooks, currently executive vice president of operations at Penn Virginia Corp. (NYSE:PVA), has been promoted to the position of executive vice president and chief operating officer, effect...

    Eagle Ford most active shale play for M&A activity 1Q13


    With three major deals in a month and a half, the Eagle Ford shale formation remains significant in the unconventional resources space.

    Magnum Hunter sells Eagle Ford Shale assets to Penn Virginia

    04/03/2013 Penn Virginia Corp. (NYSE: PVA) entered into a definitive agreement with Magnum Hunter Resources Corp. (NYSE: MHR) to acquire producing properties and undeveloped leasehold interests in the Eagle F...

    Report: Typical Eagle Ford Shale well performance exceeds those in the Bakken Shale

    07/26/2012 Strong drilling results, coupled with the large prospective area, and magnitude of the resource potential, combine to make the Eagle Ford Shale play in South Texas a contender for the best tight oi...

    Penn Virginia expands in Eagle Ford


    Penn Virginia Corp. said December 20 that it completed an agreement with an undisclosed major oil and gas company to jointly explore the Eagle Ford Shale in Lavaca County, Texas.


    First Marcellus test wells fall short for Penn Virginia


    Results from its first three operated wells in the Marcellus Shale fell short of expectations, reported Penn Virginia Corp.

    Penn Virginia Corp. Website




    Gulfport Energy names Gaydosik CFO

    Jul 10, 2014 Gulfport Energy Corp. has appointed Aaron Gaydosik to serve as CFO. Most recently, Gaydosik served as vice president of finance at Kodiak Oil &...

    Revenue, net income show small increases in 4Q2012

    May 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal grew in the final...

    Helix completes sale of oil and gas business

    Feb 6, 2013 Helix Energy Solutions Group Inc.has closed the previously announced sale of Energy Resource Technology GOM Inc. (ERT), the company’s oil and gas s...

    Revenue, net income drop sharply in 3Q12

    Feb 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal continued their d...

    WPX Energy makes natural gas discovery in Niobrara formation

    Jan 23, 2013 Tulsa, OK-based oil and gas exploration and production company WPX Energy said January 22 that a recent Niobrara gas discovery in western Colorado ...


    Private company update

    Jul 8, 2015 Independent research firm IHS has provided OGFJ with updated production data for the OGFJ100P periodic ranking of US-based private E&P companie...

    Private company update

    Apr 10, 2015 Independent research firm IHS has provided OGFJ with updated production data for our OGFJ100P periodic ranking of US-based private E&P companie...

    LLOG makes deepwater Gulf of Mexico discovery

    Oct 23, 2014 Covington, LA-based LLOG Exploration and its partner, Ridgewood Energy, drilled a successful exploration test at the Mississippi Canyon 79 “Otis” p...

    Vantage Energy files for $400M IPO

    Jul 8, 2014

    Vantage Energy Inc., a privately-held oil and gas company, plans to raise approximately $400 million in an IPO. 

    Rock Oil increases capital commitment, adds to management

    Jun 10, 2014 Wells Fargo Energy Capital and BNP Paribas have made investments and capital commitments to Rock Oil Holdings LLC. In addition, Rock Oil has named ...

    Oil & Gas Companies

    Saudi Aramco restructures with creation of supreme board

    Following the January death of Saudi Arabia’s King Abdullah, the country has been reorganizing its energy industry, and this process has included the creation of a supreme board to oversee state-run Saudi Aramco, according to Bloomberg.   &nb...

    LINN plans to close Denver office, eliminate positions

    LINN Energy plans to eliminate 55 positions in Denver, Colorado, and close its office there, according to Fuel Fix, which reported that LINN stated its intentions in a letter to the Colorado Department of Labor and Employment.

    Petrobras discovers oil and gas in Amazon and Espírito Santos basins

    Petróleo Brasileiro SA (Petrobras) has confirmed the discoveries of oil and gas accumulations in Brazil’s Amazon and Espírito Santos basins.

    Gunvor Group to withdraw petition for PA Resources bankruptcy

    Gunvor Group has informed the company that it intends to withdraw its petition for bankruptcy in PA Resources AB.

    Statoil makes second gas discovery in Aasta Hansteen area

    Operator Statoil has, together with PL602 partners, made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in 2015.

    IFR forms subsidiary for Mexico oil and gas initiative

    International Frontier Resources Corp. has formed a Mexican subsidiary, Petro Frontera SAPI de CV, that will allow for the study of, and bidding on, assets in Mexico's initial oil and gas Energy Reform bid round in 2015; the acquisition and partic...

    Calvalley to liquidate due to crisis in Yemen

    Calvalley Petroleum Inc.’s board of directors has decided to restructure and liquidate the company. Subsequently, Calvalley will enter into an arrangement agreement with Calvalley Energy Ltd. (CVE), a wholly owned subsidiary of Calvalley organized...