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Headquartered in Radnor, PA and a member of the S&P SmallCap 600 Index, Penn Virginia Corporation (NYSE: PVA) is an independent oil and gas company engaged primarily in the exploration, development and production of oil, NGLs and natural gas in various domestic onshore regions of the United States. Its primary focus is in the Eagle Ford Shale in south Texas – the target of the company’s decision to switch to oil from natural gas. Since year-end 2010, the company increased its acreage position in the Eagle Ford Shale from approximately 7,500 net acres to approximately 145,500 (104,300 net) acres as of October 2014 and believes it holds 12 years of drilling inventory.

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