Po Valley Energy Ltd.Po Valley Energy Ltd.
News & ASX Releases

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Feb 03, 2012
Production Update
Po Valley Energy (ASX:PVE) is pleased to announce that all internal operations and regulatory approvals to commence gas production from the Vitalba1dirA well, in its Cascina Castello concession, north of Milan are now complete. Commercial produc...
Dec 16, 2011
Test results confirm gas production potential at Vitalba1dirA
Po Valley Energy (ASX:PVE) is pleased to advise successful testing of the Pliocene SAN A2 sand level in Vitalba1dirA well, in the Cascina Castello concession. During clean-up of the well, the flow-rate reached 2.6 million cubic feet/day with a 1/4...
Dec 13, 2011
Vitalba1dirA - Drilling Status Report - 5
Po Valley Energy (ASX:PVE) wishes to provide the market its fifth Drilling Status Report for the Vitalba1dirA well in the Cascina Castello concession. Following first evaluation of log results the Company proceeded to case the well, perforate the ...
Dec 06, 2011
Po Valley to Complete and Test Vitalba-1dirA Well
Po Valley Energy is pleased to confirm that it will proceed to case and complete its Vitalba-1DirA well, located 20 kms from Milan in Northern Italy, following evaluation of log results. Total measured depth of 1,730 was reached (1,524 total verti...
Nov 29, 2011
Vitalba1dirA - Drilling Status Report - 4
Po Valley Energy (ASX:PVE) wishes to provide the market its fourth Drilling Status Report for the Vitalba1dirA well in the Cascina Castello concession. The planned total depth ("TD") of the well is approximately 1,750 metres Measured Depth ("MD")....
Nov 22, 2011
Vitalba1dirA - Drilling Status Report - 3
Po Valley Energy (ASX:PVE) wishes to provide the market its third Drilling Status Report for the Vitalba1dirA well in the Cascina Castello concession. Milling operation ended at 500 metres MD, successfully removing the 7" casing section above the ...
Nov 15, 2011
Vitalba1dirA - Drilling Status Report - 2
Po Valley Energy (ASX:PVE) wishes to provide the market its second Drilling Status Report for the Vitalba1dirA well in the Cascina Castello concession. Side track preparation is continuing with a slight time delay due to a change in programme in r...
Nov 08, 2011
Vitalba1dirA - Drilling Status Report
Po Valley Energy (ASX:PVE) is pleased to provide the market with the first Drilling Status Report for the Vitalba1dirA well in the Cascina Castello concession. The planned total depth ("TD") of the well is approximately 1,750 metres Measured Dept...
Oct 31, 2011
Po Valley Energy starts workover activity at Vitalba-1dirA well
Po Valley Energy Limited (ASX:PVE), is pleased to announce workover activities have started at its Vitalba 1dirA well. Vitalba-1dirA is located in the Castello permit, northern Italy. Workover operations are expected to take 20 days to reach targe...
Oct 24, 2011
Vitalba 1dirA well - Mobilisation of the rig commenced
Po Valley Energy Limited (ASX:PVE) is pleased to advise the market that the drilling contractor has commenced the mobilisation of the hydraulic rig HH200 to the Castello permit to drill the Vitalba1dirA well. The well is expected to spud within m...
Sep 07, 2011
Po Valley Energy - New Investor Presentation
Po Valley Energy (ASX:PVE) wishes to inform shareholders and the market that a copy of the presentation which was presented by PVE's CEO, Mr Giovanni Catalano, at the Good Oil Conference in Perth yesterday is now available on the Company website ( ...
Sep 05, 2011
PO Valley Posts Maiden Half-Year Profit
Half-year highlights ...
Aug 22, 2011
Vitalba 1dirA Well - Preparation Work Started
Po Valley Energy Limited (ASX:PVE) is pleased to announce that civil work for the drilling of the Vitalba 1dirA well has started. The deviated well is a critical step in the Company's plan to recommence production at the Castello gas field. The Co...
Jul 28, 2011
Po Valley Reports Steady Gas Production in June Quarter; Sillaro Completes First Year of Production; and Reserves Confirmed
Key Points: ...
Jul 15, 2011
June Quarter Production Report
Po Valley Energy Limited (ASX:PVE) is pleased to provide the market with an update on production volumes and revenue for the June quarter 2011: ...
Apr 18, 2011
Vitalba Drilling Approval and Rig Contract
Po Valley Energy Limited (ASX:PVE) is pleased to announce that Italian energy authorities have granted the final approval for the drilling of Vitalba-1dirA, the deviated well that is a critical step in the Company's plans to recommence production at ...
Apr 14, 2011
Stable gas production and increased revenues for Po Valley's 1Q 2011
Po Valley Energy Limited (ASX: "PVE") started 2011 with stable gas production and strong revenue generation during the first quarter. Starting from October 1, 2010 the Company entered into its first gas thermal year (from 1 October 2010 to 30 Sept...
Mar 16, 2011
Po Valley Energy 2010 Financial Report
Po Valley Energy (ASX:PVE) is pleased to announce the lodgment of its Financial Report for the year ended 31 December 2010. These results reflect the solid progress of the Company, which achieved its first full production and operating cash flow y...
Feb 22, 2011
Po Valley Awarded 2 New Gas Exploration Licences in Italy
Po Valley Energy Limited (ASX:PVE) has achieved a 38% increase in the area of its gas exploration rights in northern Italy - including licences located in one of the country's former largest onshore gas fields in the Po Valley. The Company announc...
Feb 14, 2011
Po Valley Commences 2D Seismic Campaign to Progress Two Gas Projects Near Bologna
Two new seismic campaigns have been initiated by ASX-listed Po Valley Energy Limited (ASX: "PVE") to progress exploration and development of two of its gas projects near Bologna, in northern Italy. Po Valley announced today it had commenced acquis...
Jan 12, 2011
Gas Producer Po Valley Energy Reduces Debt
Improved gas revenue streams have enabled Po Valley Energy Limited (ASX: "PVE") to reduce by 15% its current debt with the Bank of Scotland (BoS), while separately, also securing an increased borrowing limit. The reduced debt level improves the overa...
Jan 10, 2011
Stronger December half year gas production for Po Valley
Po Valley Energy Limited (ASX: "PVE") lifted gas production 69% from its north Italy gas fields in the six months to 31 December 2010 and backed the improved performance with a significant lift in revenue. The Company -- which reports on a calenda...
Dec 31, 2010
Securities Trading Policy
Oct 13, 2010
2010 September Quarter Gas Production Update
Po Valley Energy Limited (ASX: "PVE") achieved strong production and revenue from the Company's north Italy gas fields during the 2010 September quarter. The higher production in the September quarter reflected the first full quarter of production...
Oct 11, 2010
Po Valley Appoints New CEO
Po Valley Energy Limited (ASX: "PVE") is pleased to announce the appointment of Mr Giovanni Catalano as Chief Executive Officer effective 11 October 2010. Mr Catalano succeeds Mr Michael Masterman, the founding CEO of the company who will move to a n...

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