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Press release content from Globe Newswire. The AP news staff was not involved in its creation. Penn Virginia Announces Agreement to Acquire Lonestar Resources  Penn Virginia CorporationJuly 12, 2021 GMT Continues Accretive Eagle Ford Consolidation Complementary Assets, Increased Scale, Free Cash Flow and Inventory HOUSTON, July 12, 2021 (GLOBE NEWSWIRE) Penn Virginia Corporation (“Penn Virginia” or the “Company”) (NASDAQ: PVAC) and Lonestar Resources US Inc. (“Lonestar”) (OTCQX: LONE) today announced that they have entered into a definitive merger agreement under which Penn Virginia will acquire Lonestar in an all-stock transaction. Under the terms of the agreement, Lonestar shareholders will receive 0.51 shares of common stock of Penn Virginia for each share of common stock of Lonestar outstanding. The transaction, which is expected to close in the second half of 2021, has been unanimously approved by the boards of directors of both companies. The closing of the

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