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Penn Virginia Corporation Message Board

  • stuartcreekfarms stuartcreekfarms Jan 28, 2013 8:05 AM Flag

    PVA picked up free LaVaca acreage

    Dormie, I may be clueless as you say, but PVA recently picked up free acreage when the LaVaca partner opted out. I don't see how that will cause a PUD reduction when it is a new addition.
    My major concern is that the last two LaVaca wells seemed rather mediocre. I don't know what the reason for that is but perhaps there are some issues with drilling this section of the LaVaca acreage.
    I think that PVA can do better in Gonzales right now.
    Agree that stock action has been disappointing with oil prices rising for the past month.

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