News & ASX Releases

Po Valley completes sale of La Prospera and Zanza interests to AleAnna Resources

December 29, 2015

Po Valley Energy (“PVE”) (ASX: PVE) the Italian based oil & gas exploration, development and production company is pleased to announce the completion of the sale of its 75% interest in the fully awarded exploration license La Prospera to AleAnna Resources LLC (“AleAnna”). As previous…


Po Valley sells its La Prospera and Zanza interests to AleAnna Resources for Euro 1,850,000

October 19, 2015

Po Valley Energy (ASX: PVE) the Italian based oil & gas exploration, development and production company is pleased to announce that it has entered into an agreement with Joint Venture partner AleAnna Resources LLC (“AleAnna”) to sell PVE’s 75% interest in the fully awarded exploration li…


Po Valley Announces 2015 First Half Results

August 7, 2015

Po Valley Energy Ltd. (ASX: PVE) announced today its 2015 half year results for the six months ended 30 June 2015. Financial Results Half year operating results were adversely affected by reduced gas production at the Company’s Sillaro gasfield resulting in a half year statutory loss of Euro …


Po Valley Raises $1Million in Private Placement

May 15, 2015

Po Valley Energy Limited (ASX: PVE) announced today that it has raised $1million through a private placement to an existing non-director shareholder at a price of 7 cents per share. The Company will issue 14,285,714 ordinary shares on the settlement date, expected to be on or around 31 May 2015.…


Po Valley to increase Sillaro Production

May 15, 2015

Po Valley (ASX:PVE) the Italian based oil & gas exploration, development and production company has completed its resource and technical review of the Sillaro gas field and has defined its 2015-2016 work programme to increase production and cash flow from this asset. Sillaro has been a strong r…


Po Valley Energy 2014 Financial Results

March 31, 2015

Po Valley Energy (ASX:PVE) recently released its financial results for the year ended 31 December 2014. Highlights Full year gas production was 18.6 million cubic metres or 0.7 billion cubic feet (2013: 23.9 million cubic metres)Net cash flow from operating activities was …


Sillaro Field Reserves Revision and Production Forecast

January 9, 2015

Po Valley Energy Ltd (ASX: PVE) would like to update the market on the Sillaro field’s remaining reserves and near-term production forecast. In October we reported a significant reduction in Sillaro production from 50,000 to around 25,000 cubic metres per day1 . Since this time, together w…