Eagle Ford Shale pure-play Penn Virginia Corp. (PVAC) is planning to capitalize on the strength gained since emerging from bankruptcy two years ago by reviewing “a range of strategic alternatives” to enhance shareholder value.
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Penn Virginia Bolts-On Eagle Ford Acreage to Boost Operated Position
Penn Virginia Corp. (PVAC) said Tuesday that it would spend $86 million in cash to acquire Hunt Oil Co.’s working interest across 9,700 net acres in the Eagle Ford Shale.
January 2, 2018