Penn Virginia Corporation is an independent oil and gas company. The Company is engaged in the onshore exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. The Company's operations consist primarily of drilling unconventional horizontal development wells and operating its producing wells. The Company's primary oil and gas assets is located in Gonzales, Lavaca, Fayette and Dewitt Counties in South Texas. The Company has contiguous position of approximately 90,100 net acres in the core liquids-rich area or volatile oil window of the Eagle Ford in Gonzales, Lavaca, Fayette and Dewitt Counties in Texas.
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