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Jul 26, 2010
Castello Update
Summary
On 29 April 2010, the company advised the market that the Castello well (Vitalba-1dir) was experiencing a faster than anticipated decline in wellhead pressure and outlined plans to conduct downhole pressure measurements to investiga... | |
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Jul 23, 2010
Offshore Adriatic Licence Update
Po Valley Energy Limited (ASX:PVE) is pleased to announce that legal action in relation to the preliminary award of the Azzurra (AR168PY) exploration licence to Po Valley has been resolved in favour of the Ministry and Po Valley.
Po Valley receive... | |
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Jul 21, 2010
Po Valley Appoints New Directors
Po Valley Energy is pleased to announce the appointment of Greg Short as a non-executive director of Po Valley Energy and the appointment of Roberto Fazioli as a non-executive director of Northsun Italia Spa, Po Valley's 100% owned Italian operating ... | |
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Jul 08, 2010
Po Valley strengthens management team
Po Valley Energy Limited (ASX: "PVE") is pleased to announce the following key appointments to its executive and technical teams:
Mr Giovanni Catalano has joined the Po Valley team as Deputy Chief Executive Officer and Chief Operating Officer. He ... | |
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Jul 06, 2010
Second Quarter Production - Po Valley Gas Production Tops 10 Million Cubic Metres Since Production Start
Po Valley Energy Limited (ASX: "PVE") has marked its commencement as a gas producer with output topping 10 million cubic metres for the period from production start to 30 June 2010. Po Valley joined the ranks of Italian gas producers late in December... | |
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May 19, 2010
Sillaro Commences Production
Po Valley Energy Limited (ASX: "PVE") today announced that commercial gas production had commenced at its second production field in Northern Italy.
Production from the first of two production wells in the Sillaro field (near Bologna) has begun an... | |
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May 14, 2010
Castello Well Shutdown for Pressure Measurement
On 29 April 2010 the Company advised the ASX regarding plans to conduct downhole pressure measurements at the Castello gas field in May and detailed in the Quarterly report dated 3 May 2010.
In line with this advice, the Castello well (Vitalba-1d... | |
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Apr 29, 2010
Castello Production Pressure Update
As reported in the March quarter update Castello produced 5.4 million cubic metres at an average daily rate of 60,000 cubic metres a day which is less than the current maximum pipeline entry rate of level of 70,000 cubic metres a day.
While plant ... | |
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Apr 16, 2010
2010 Annual General Meeting
The Directors of Po Valley Energy Limited are pleased to announce that the Company's 2010 Annual General Meeting will be held at 11.00am on 19 May 2010 (WST) at Level 19, AMP Tower, 140 St Georges Terrace, Perth, Western Australia.
The Notice of M... | |
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Apr 15, 2010
Two-Stage Development Path for Po Valley's Fourth Gas Field in Northern Italy
A development plan has been announced by Po Valley Energy (ASX: PVE) to bring its Bezzecca gas field in northern Italy into production by 2012.
The field will be the Company's fourth production field in Italy, following the start-up early this yea... | |
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Apr 06, 2010
First Quarter Production and Development Update
Castello (near Milan, northern Italy)
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Mar 01, 2010
Po Valley Energy 2009 Financial Report
Po Valley Energy (ASX:PVE) announces the lodgement today of its Financial Report for the year ended 31 December 2009.
The financial results reflect the continued progress of the Company, which brought into production its first north Italian gas fi... | |
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Jan 13, 2010
Energy Milestone as Australia's Largest Investor in Italy Celebrates Gas Plant Inauguration
Australia's largest investor in Italy - resource focused Po Valley Energy Limited - has marked its maiden production of one million cubic metres of gas with a formal plant inauguration ceremony overnight led by Australia's Ambassador to Italy, Ms Ama... | |
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Dec 21, 2009
Po Valley Banks First Revenue as Maiden Gas Flows into Northern Italian Energy Grid
Po Valley Energy (ASX: "PVE") has become Italy's newest gas producer with its first flows of gas into the country's energy grid commencing over the weekend.
Po Valley said today that flows from the Company's wholly-owned Castello gas field east of... | |
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Dec 08, 2009
Final Authorization Awarded for Castello Gas Production Plant
Po Valley Energy (ASX: "PVE") is pleased to advise that on Monday 7th December the Ministry of Economic Development signed the final approval to commence production on the Company's 100% owned and developed Castello gas production plant, east of Mila... | |
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Nov 03, 2009
Castello Gas Plant Connected to Italian Grid
Po Valley Energy (ASX: "PVE") is pleased to announce that its surface gas production plant at Castello in northern Italy has now been connected to the Italian pipeline grid.
An Operating and Maintenance (O&M) contract has also commenced for the ga... | |
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Oct 22, 2009
Share Purchase Plan Documentation
Further to the Company's announcement of 14 October, 2009, Po Valley Energy Limited (ASX: "PVE") announced today the dispatch of its Share Purchase Plan documentation to shareholders who were eligible shareholders (as described in the Share Purchase ... | |
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Oct 21, 2009
Company Secretary Appointment
Po Valley Energy Limited (ASX: "PVE") announced today the appointment of Lisa Jones as Company Secretary effective 21 October 2009. Ms Jones will replace Dom Del Borrello who resigned as Company Secretary with effect from 21 October 2009.
Ms Jones... | |
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Oct 21, 2009
Milestone as commissioning of first gas field commences
The commissioning schedule has commenced on the first gas field to be brought into production in northern Italy by Po Valley Energy (ASX: "PVE").
The Company commenced the pre-production schedule this week at the Castello field, east of Milan.
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Sep 23, 2009
Extension of Bank of Scotland Loan Maturity
Po Valley Energy is pleased to announce that the maturity on its Bank of Scotland senior finance facility has been extended to November 2013.
Drawings on the facility are currently €6.7m with an interest rate of approximately 3.5%. The interest m... | |
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Sep 14, 2009
Revision to Reserve and Resource Categorisation Policy
As part of the company's progress to production at both its Castello and Sillaro fields, and with the current and planned development evaluations of the Bezzecca and Fantuzza discoveries, Po Valley Energy Limited (PVE) has taken steps to upgrade its ... | |
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Sep 14, 2009
Plant Installation Commences on Po Valley's Sillaro Gas Field in Northern Italy
Po Valley Energy has commenced installation of surface plant at the Sillaro gas field, east of Bologna in Italy, following successful drilling last month of the Sillaro-2 well.
The Italian contractor, Semat Spa, commenced site activities this wee... | |
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Aug 18, 2009
Six productive gas levels for Po Valley at Sillaro field in northern Italy
New testing has brought to six the number of gas bearing levels to be exploited by Po Valley Energy (ASX: "PVE") at its Sillaro field in northern Italy.
Latest testing on the successfully completed Sillaro-2 well - 500 metres from the earlier succ... | |
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Aug 12, 2009
Gas Production Capacity Confirmed In Initial Po Valley Tests On Sillaro-2 Well In Northern Italy
Production capacity has been confirmed in the PL2A level and additional production potential identified, by Po Valley Energy (ASX: "PVE") during initial clean up and testing of the Sillaro- 2 gas well, east of Bologna in northern Italy.
The Compan... | |
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Aug 03, 2009
Joint Venture Relinquishes Exploration Licence Application Near Milan
Equal joint venture partners, Po Valley Energy (ASX: "PVE") and Edison, in consultation with Italy's Energy Ministry, have voluntarily relinquished the Bernaga licence application area north of Milan.
Although the joint venture was granted 'prelim... | |
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