ASX: PVE · NATURAL GAS · NORTHERN ITALY
Italy's energy, produced in Italy
We have been exploring and developing natural gas resources in the Po Valley region for over 20 years.
Why invest in usWe were the first company to bring new gas production to the Po Valley after the Eni-Agip monopoly ended
We are an ASX-listed gas producer with a portfolio of natural gas fields in northern Italy, run from Rome through our wholly owned subsidiary, Po Valley Operations.
- Listed
- ASX: PVE | OTCQB: PVLEF
- Region
- Po Valley, northern Italy
- Stage
- Producing at Selva
By the numbers
80000scm/d
Planned peak rate at Selva
1km
To the SNAM national grid
63%
Our interest in Selva
20years+
Operating in Italy
Two major assets, one producing already and in the process of major expansion and the other with the potential for farm out or sale when fully de-risked and permitted. Two other exploration fields at Cadelbosco di Sopra and Torre del Moro.
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Producing since July 2023
Selva
Onshore natural gas · Emilia Romagna, northern Italy
Our Podere Maiar 1 well produces into the Italian domestic market. The gas is 99.5% biogenic methane with no hydrocarbon liquids, so it needs only minimal surface processing before it reaches the grid.
- Concession
- 80.68 km²
- Our interest
- 63%
- To the grid
- 1 km
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Environmental approval granted · development plan pending
Teodorico
Offshore gas · Adriatic Sea, 30 km southeast of Venice
Fully drilled and 100% owned. The concept ties two wells back to an existing platform 12 km away, so the gas reaches the Casalborsetti terminal on infrastructure that is already in place.
- Design capacity
- 300,000 scm/d
- Our interest
- 100%
- Water depth
- 30 m
Italy imports most of the gas it uses. We produce ours inside the country that consumes it. This gives better pricing, lower emissions and superior energy security which has become a prime concern.
Natural gas is the largest single contributor to Italy's energy mix, and the Po Valley has produced it since 1945.
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