News & ASX Releases

Po Valley Energy Lists On ASX Today

December 14, 2004

Italian gasfield development company Po Valley Energy (ASX: PVE) today made its debut on the Australian Stock Exchange.The company will use the proceeds of the offer to primarily enable it to carry out its proposed gas field development program in Northern Italy.Chief Executive Officer Michael Maste…


Po Valley Energy IPO Closes Oversubscribed

December 2, 2004

Italian gasfield development company Po Valley Energy (Po Valley) today announced that its initial public offering has closed early and oversubscribed. Po Valley Energy raised $20 million after offering 20 million shares at $1.00 each to investors ahead of its expected December 16 listing on the Aus…


Deviation Well To Be Drilled On Vitalba 1 (Cascina San Pietro Permit)

May 4, 2004

Following evaluation of log results, Po Valley Energy has commenced drilling an anticipated deviation well in Vitalba 1 south towards the proven reserves near the Vitalba field’s first production well, Agnadello 1.The well will be deviated 400m to the south from a kick-off of 950m. The side-tr…


Daily Drilling Status Report — Vitalba 1 (Cascina San Pietro Permit)

April 21, 2004

Po Valley Energy (ASX: PVE) reports the current status of the Vitalba 1 well is asfollows:Time of Report: 07:00 hours (Rome Italy Time) 20April 2005Well Depth: 56.7 mCurrent Operation: Spud inForward Operations: Drilling ahead 16” hole to approximately 530mParticipants in the Cascina San Pietr…