Po Valley Energy Ltd.
news releases

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Nov 10, 2008
Italian Government Grants Gas Production Concession To Australia's Po Valley
The Italian Government has granted Australia's Po Valley Energy Limited (ASX:"PVE") a 20-year production concession for the Castello gas field near Milan. It is the first such concession granted by the Italian Government in the Po Valley region si...
Nov 06, 2008
Po Valley Awarded Two New Gas Exploration Licences in Italy
Australia's Po Valley Energy Limited (ASX: "PVE") has been formally granted sixyear gas exploration licences for its La Prospera and Terra del Sole prospects near Bologna in northern Italy. The two new licences, which expire in 2014, represent the...
Oct 31, 2008
September Quarterly 2008 - Activities Report
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Sep 25, 2008
PVE Audio Broadcast
Po Valley Energy Limited (ASX code: "PVE") wishes to inform shareholders and the market of an audio broadcast with CEO, Michael Masterman...
Jul 23, 2008
Former ENI Gasfield Added To Po Valley's Expanding Italian Exploration And Production Assets
A gas field in northern Italy formerly owned by European energy giant, ENI, has been added to the expanding oil and gas exploration and development assets of Australia's Po Valley Energy Limited. The preliminary award (subject to environmental cle...
Jul 16, 2008
Expansion Into Offshore Adriatic Gas Province
Emerging Australian gas producer, Po Valley Energy, has been awarded its first offshore oil and gas licence in one of the key petroleum provinces servicing Europe's energy demands. In a major expansion from its current onshore-based Italian gas po...
Mar 31, 2008
Second Italian Gasfield Wins Environment Approval
The environmental approval for a second gasfield in northern Italy being developed by Australia's Po Valley Limited has been granted. The decision by the Lombardia Region authorities to approve Po Valley Energy's (ASX "PVE") Castello gasfield near...
Mar 18, 2008
Italian Energy Leader And Po Valley In Joint Agreement On Two Energy Projects
A major oil and condensate exploration target and a gas development field in northern Italy will be developed under an agreement announced today between Italian energy leader, Edison and Australia's ASX-listed emerging gas producer, Po Valley Limited...
Feb 25, 2008
Completion of €25M Debt Facility For First Italian Gas Production
Australia's Po Valley Energy Limited ("PVE") has announced completion of its €25 million credit facility with Bank of Scotland Corporate in the run-up to first commercial gas flows this year from the gas developer's northern Italy fields. The Bank...
Jan 30, 2008
"Green Light" For Italian Gas Production
Italian authorities have issued prospective Australian gas producer, Po Valley Limited, with its critical "green light" credentials for first gas production this year from a field in northern Italy. ASX-listed Po Valley ("PVE") announced today it ...
Dec 07, 2007
Letter to Shareholders
Dear Shareholder, In the six months since our Annual General Meeting in May, your companycontinues to progress bringing its first gas fields into production, and rapidlygrow its portfolio of new oil and gas projects. Of particular note are the ...
Dec 05, 2007
Bank of Scotland in A $34M Backing For Australian Gas Producer
Bank of Scotland Corporate is to provide a finance facility of up to A$34 million to emerging Australian gas producer, Po Valley Energy. The funding ensures that Po Valley Energy has all the necessary financing available to bring its maiden productio...
Nov 12, 2007
Adriatic Application Takes Po Valley's Gas Expansion Offshore For First Time
Emerging Australian gas producer, Po Valley Energy has made its first proposed move into offshore projects, with the Italian Ministry today confirming the Company's application for a 526km2 oil and gas licence application in the Adriatic Sea. The ...
Nov 06, 2007
Preliminary Award of Production Concessions
The Italian Ministry has formerly notified Po Valley Energy of the preliminary award of production concessions for both of their 100% owned Sillaro and Castello gas fields in Northern Italy. The full grant of production concessions remains subject...
Oct 30, 2007
Italian Ministry Confirms Acceptance Of Application For Gas Storage Licence
Further to an announcement in June 2007 that Po Valley Energy would together with Star Energy Group Plc, a major operator and developer of underground gas storage facilities, bid for new gas storage licences in Italy, a submission was lodged during S...
Oct 29, 2007
Australia's Po Valley Lets A$10M Surface Plant Contract For Italian Gas Fields
A A$9.6 million contract to install surface production plant has been awarded by Australia's Po Valley Energy to bring its first Italian gas outputs onstream early in the third quarter of next year. Po Valley announced today the contract had been ...
Oct 23, 2007
Drill Rig Secured For New 2008 Gas Program In Northern Italy
ASX-listed gas explorer and developer, Po Valley Energy (ASX code "PVE") is pleased today to announce that the Company has signed a contract with Hydrodrilling International SpA to secure the Ideco 1200 drill rig to drill Sillaro 2, Bezzecca 1 and Fa...
Jul 31, 2007
Harbinger Tops Up Holding In Emerging Australian Gas Producer - Po Valley
International private equity investor, Harbinger Capital Partners, has furtherincreased its investment in Po Valley Energy Limited, providing the Australianpetroleum explorer with additional funds as it moves towards first gas production inItaly. ...
Jun 19, 2007
Further International Backing For Emerging Australian Gas Producer
Blue chip international and domestic investors continue to back the progress to date by listed Australian petroleum explorer, Po Valley Energy Limited, (ASX code "PVE") to supply gas into northern Italy's energy grid from early next year. Po Valley a...
Jun 18, 2007
Administrative Court Rules on Italian's Ministry's Preliminary Award of Ossola Licence to Po Valley
The Italian Administrative Court (Tribunale Amministrativo Regionale per la Lombardia) in it's latest judgment has found that the Italian Ministry for Economic Development should have provided more detailed reasons for it's decision to make a prelimi...
Jun 07, 2007
Major UK Gas Storage Company Joins Australian Bid To Store Italian Gas
An Australian company's bid to help increase Italy's underground storage capacity has won the backing of Star Energy Group plc, the second largest onshore oil producer in the United Kingdom and a major operator and developer of underground gas storag...
May 21, 2007
Italy Gas Success Drives Po Valley To Expand Drill Targets To New Fields
Emerging Italian gas producer, Australia's Po Valley Energy Limited, is targeting new onshore gas prospects in a significant expansion of its European business. The Company announced today that it had identified eight new prospects for drilling fr...
Nov 14, 2006
Pipeline Connection For Po Valley's First Gas Production Well
ASX-listed Po Valley Energy Limited has secured agreement on its maiden pipeline connection with the national Italian gas pipeline operator. Italian national pipeline contractor, SNAM Rete Gas, will allow Po Valley to connect its Sillaro gas field ea...
Oct 30, 2006
Po Valley Increases Italian Energy Interests
Australian petroleum explorer, Po Valley Limited ("PVE") has increased its footprint on the highly attractive Italian energy market. Po Valley announced today it had been awarded the rights to proceed forward on an exclusive basis with five new ga...
Oct 30, 2006
A$5.85M Placement Boosts Gas Expansion And Production Start
A share placement to raise A$5.85 million has been made by Australian petroleum explorer, Po Valley Limited, as the Group prepares for production start-up next year from its gas projects in northern Italy. The ASX-listed Po Valley ("PVE") announce...

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