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December 18, 2012
07:19 EDTPVAPenn Virginia announces partner elects to go non-consent on last initial wells
Penn Virginia announced that our current 40% working interest partner in our Lavaca County Eagle Ford Shale acreage has elected to go non-consent on the last 17 initial unit wells we have drilled or expect to drill on this acreage. We intend to seek a partner to acquire this 40% working interest, but we have not set a timeframe nor can we give any assurance that our search will be successful. Of these 17 initial unit wells, seven have been drilled, two are being drilled and eight remain to be drilled. Upon the drilling of each of these initial unit wells, our current 40% working interest partner will have no participatory rights in any subsequent wells drilled in such unit. As a result, our net Eagle Ford Shale acreage in Lavaca County will increase from approximately 9,200 acres to approximately 13,400 acres upon the drilling of all of these initial unit wells.
News For PVA From The Last 14 Days
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March 27, 2015
10:15 EDTPVAOptions with decreasing implied volatility
Options with decreasing implied volatility: ASPS WLL PVA FIVE NSR BBRY RHT LULU RH APOL
March 17, 2015
11:45 EDTPVAPenn Virginia volatility of 126 at upper end of historic range
Penn Virginia overall option implied volatility of 126 compares to its 26-week average of 88 according to Track Data, suggesting large price movement.
10:26 EDTPVAOptions with increasing implied volatility
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March 16, 2015
10:28 EDTPVAOptions with increasing implied volatility
Options with increasing implied volatility: PVA NFLX BMRN DNOW MYL TEVA PEP GE

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