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Penn Virginia Provides Operational Update

Penn Virginia Provides Operational Update April 19, 2021 07:38 ET | Source: Penn Virginia Corporation Penn Virginia Corporation - First Quarter 2021 Earnings Conference Call Scheduled for May 4 - HOUSTON, April 19, 2021 (GLOBE NEWSWIRE) Penn Virginia Corporation ( Penn Virginia or the Company ) (NASDAQ:PVAC) today announced an operational update and timing of its first quarter 2021 earnings release and conference call. Operational and Financial Update Sold 16,324 barrels of oil per day ( BOPD ) for the first quarter of 2021, exceeding the high end of the most recent guidance range. Total sales volumes for the first quarter of 2021 were 20,534 barrels of oil equivalent per day ( BOEPD ). Total production for the seven days ending March 31, 2021 averaged over 20,000 BOPD and 25,000 BOEPD;

Penn Virginia Defers Senior Unsecured Notes Offering

Penn Virginia Defers Senior Unsecured Notes Offering May 07, 2021 17:16 ET | Source: Penn Virginia Corporation Penn Virginia Corporation Houston, Texas, UNITED STATES HOUSTON, May 07, 2021 (GLOBE NEWSWIRE) Penn Virginia Corporation (“Penn Virginia”) (NASDAQ: PVAC) today announced the deferral of its senior unsecured notes offering.   Darrin Henke, President and Chief Executive Officer of Penn Virginia, commented, “We received indications from potential bond investors that the proposed new financing didn’t materially differentiate from our financing in place currently. Given the strength of our balance sheet and the near-term opportunities to grow both organically and/or through consolidation, we believe it is in the best interests of our investors to defer accessing the bond market until we have a more attractive offering of scale. In the meantime, we remain committed to our focus on cash on cash returns, capital di

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