News & ASX Releases

Appendix 3B & S708A Notice

December 21, 2018

Notice Under Section 708A(5)(e) of the Corporations ActToday, Po Valley Energy Limited (Company) issued 18,476,191 fully paid ordinary shares in the capital of the Company (ASX code: PVE) at an issue price of $0.042 (4.2 cents) per share. These shares were issued pursuant to a private placement anno…

PVE Raises $1.2m in Private Placement

December 19, 2018

Po Valley Energy Limited (ASX: PVE) announced today that it has raised A$1,200,000 through a private placement of 28,571,428 fully paid ordinary shares at an Issue price of $0.042 (4.2 cents) per share to several institutional and sophisticated investors, including some existing shareholders. The co…

Po Valley Fully Retains North Italian Oil Assets

October 11, 2018

Australia’s Po Valley Energy Limited (ASX: PVE or “the Company”) is to retain full ownership of two onshore oil fields in northern Italy after their sale to a private London based resources company, Delta Energy Limited, was blocked by one of Delta’s large shareholders.After a year of substa…

Change of Director’s Interest Notice

June 26, 2018

To read the full release please open the pdf attached.

Po Valley Energy Completion of Convertible Note Issue

June 26, 2018

Po Valley Energy Limited (“PVE” or the “Company”) is pleased to announce that following the approval by shareholders at the AGM held on 30 May 2018 the issue of Convertible Notes to Directors Kevin Bailey and Michael Masterman, subscribing $700,000 and $300,000 respectively completes the $2.…

Australia’s Po Valley submits production concession for new high return gas field in northern Italy

May 29, 2018

ASX-listed Australian gas producer, Po Valley Limited (ASX:”PVE”) has submitted the production concession application to develop a new high return gas field in northern Italy.The application covers the installation of a fully automatic gas plant at the recently proven up Selva gas field with a c…

Po Valley Energy Raises $2.5m in Convertible Note Issue

April 26, 2018

Po Valley Energy Limited (“PVE” or “the Company”) is pleased to announce it has secured funding of $2.5m through the issue of a convertible note with a conversion price of $0.042 per share and a maturity of 3 years. The funds will be used to advance the Company’s successfully drilled on…


April 18, 2018

This is a supplementary prospectus (Supplementary Prospectus) intended to be read with the prospectus dated 19 March 2018 (Prospectus), issued by Po Valley Resources Limited (ACN 087 741 571) (Company).This Supplementary Prospectus is dated 18 April 2018 and was lodged with ASIC on that date. The AS…

Change of Company Secretary

April 17, 2018

Po Valley Energy Limited (ASX: PVE – “Company”) advises that in accordance with ASX Listing Rule 3.16.1, Zoe Levendel will step down as Company Secretary, effective 17 April 2018.Kevin Hart, from Endeavour Corporate, has been appointed Company Secretary, also effective 17 April 2018. For the p…


March 22, 2018

For an offer to transfer Saffron Shares to Shareholders of Po Valley Energy Limited pursuant to the Capital Reduction by way of In-specie Distribution being the subject of the Capital Reduction Resolution in the Notice of Meeting for a General Meeting to be held on 23 April 2018 and to facilitate se…

Mutual Termination of Sale of PVO to Saffron - Po Valley to Retain Prime Italian Assets

February 28, 2018

Following the announcement of 23rd January, 2018, the Boards of Po Valley Energy Limited (“Po Valley”) and Saffron Energy Plc (“Saffron”) have reached a mutual agreement to not proceed with the sale of Po Valley Operations Pty Ltd (“PVO”) and its northern Italian gas asse…

Competent Persons Report

February 19, 2018

Energy Reserve and Resource Upgrade for Po Valley Maiden Reserves of 2P 36.5 bcf declared for Teodorico.

February 19, 2018

Po Valley Energy Limited (“Po Valley” or “Company”) is pleased to report an upgrade of its oil and gas reserves and resources for its 100% owned subsidiary Po Valley Operations Pty Ltd (“PVO”) as part of the release of an extensive Competent Persons Report (“CPR”) prepared on PVO, Po…

PO Valley advances Saffron Energy Plc expansion with binding deals and £14m capital raise

January 23, 2018

Shareholders in Australian gas producer, Po Valley Energy (“PVE” or “Po Valley”) have moved a step closer to benefiting from a three-way deal to become part of a larger European energy play under formal contract signings announced today. Perth-based Po Valley said today it had now signed …

Significant Italian gas discovery confirmed for Po Valley

January 19, 2018

Strong gas flows on test have confirmed a significant commercial discovery for Australia’s Po Valley Energy Limited (“PVE” or the “Company”) at its new Selva gas field in northern Italy.The Company announced today the strong gas flows had resulted from successful flow testing of the recent…

Flow testing at Po Valleys Selva field commences

January 12, 2018

Po Valley Energy Limited, the Australian ASX listed natural gas company, is pleased to advise that flow testing of Podere Maiar 1dir well in the Selva Gas Field (Podere Gallina licence) commences today, 12 January.Results will be reported to the market next week.