Penn Virginia Corp. – Day Two Breakout Notes

James Dean, Vice President, Corporate Development of Penn Virginia Corp (PVA) presented today at EnerCom’s The Oil & Gas Conference® 17. PVA is an independent oil and gas company engaged primarily in the development, exploration and production of oil and natural gas in various domestic onshore regions including Texas, the Mid-Continent and Mississippi.

During the company’s breakout session, management was asked the following questions:

• What ways are you planning to raise equity?
• With the interest in Cotton Valley horizontals, is that something you’re looking to focus on in the near future?
• Is there more opportunity to farm-in to Eagle Ford?
• How confident are you in receiving the $30 million tax refund?
• Where is Forest’s acreage in Eagle Ford? Is it around you?
• What are the private market values for the leases in your area?
• Are you trying any new drilling techniques in your operations?
• Is there flexibility in capital expenditures should oil prices drop?
• When are you going to test Eastern acreage?
• What working interest would you have in future wells?
• What percent of gas is hedged for next year?
• When will you complete the Viola well?
• What price do you need to get to drill in Haynesville?
• Do you have acreage in New York?

Click here for Penn Virginia Corp’s webcast.

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