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Penn Virginia Provides Operational Update


Penn Virginia Provides Operational Update
April 19, 2021 07:38 ET
| Source:
Penn Virginia Corporation
Penn Virginia Corporation
--- First Quarter 2021 Earnings Conference Call Scheduled for May 4 ---
HOUSTON, April 19, 2021 (GLOBE NEWSWIRE) -- Penn Virginia Corporation ("Penn Virginia" or the "Company") (NASDAQ:PVAC) today announced an operational update and timing of its first quarter 2021 earnings release and conference call.
Operational and Financial Update
Sold 16,324 barrels of oil per day ("BOPD") for the first quarter of 2021, exceeding the high end of the most recent guidance range. Total sales volumes for the first quarter of 2021 were 20,534 barrels of oil equivalent per day ("BOEPD"). Total production for the seven days ending March 31, 2021 averaged over 20,000 BOPD and 25,000 BOEPD;

Penn Virginia Provides Operational Update


--- First Quarter 2021 Earnings Conference Call Scheduled for May 4 ---
HOUSTON, April 19, 2021 (GLOBE NEWSWIRE) -- Penn Virginia Corporation ("Penn Virginia" or the "Company") (NASDAQ:PVAC) today announced an operational update and timing of its first quarter 2021 earnings release and conference call.
Operational and Financial Update
Sold 16,324 barrels of oil per day ("BOPD") for the first quarter of 2021, exceeding the high end of the most recent guidance range. Total sales volumes for the first quarter of 2021 were 20,534 barrels of oil equivalent per day ("BOEPD"). Total production for the seven days ending March 31, 2021 averaged over 20,000 BOPD and 25,000 BOEPD;
Estimated capital expenditures for the first quarter of 2021 of approximately $54 million, which was below the low end of the most recent guidance range;

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