Penn Virginia Corp., headquartered in Radnor, PA, has retainedWaterous & Co. to assist with the potential sale of a portionof the company’s Appalachia oil and gas properties. The properties,with an estimated 70 Bcfe of proved reserves are 97% natural gas.Current net production from the properties is 7 MMcf/d. A data roomto review detailed property information is expected to open inHouston later this month. More information is available atwww.waterous.com.
Radnor
Articles from Radnor
Castle Acquiring Gas Reserves
Castle Energy Corp. of Radnor, PA, will pick up about 27.5 Bcfeof proved reserves, about 55% gas, when it completes the purchaseof essentially all of AmBrit’s oil and gas properties for about $22million.
April 14, 1999
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