Penn Virginia (PVA) Misses Q1 EPS by 20c, Offers FY Guidance

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Penn Virginia Corporation Announces First Quarter 2015 Results and Provides Updates of 2015 Guidance and Operations

May 11, 2015 4:05 PM EDT

16% Sequential Growth in Total Production and 23% Sequential Growth in Eagle Ford Production

25% Decrease in Average Eagle Ford Well Cost Since Early Fourth Quarter 2014

Continued Solid Well Results From the Upper Eagle Ford (Marl) and Lower Eagle Ford

Borrowing Base of $425 Million and Relaxed Leverage Covenants

RADNOR, Pa., May 11, 2015 (GLOBE NEWSWIRE) -- Penn Virginia Corporation (NYSE: PVA) today reported financial results for the three months ended March 31, 2015 and provided updates of its operations and 2015 capital plan and guidance.

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