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Po Valley Energy (ASX: PVE) — Company Overview, News & Financial Data

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Company profile

Po Valley Energy

About

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Po Valley Energy is a natural gas exploration and production company focused on supplying domestic energy to Italy. The company holds a portfolio of onshore natural gas fields in the Po Plain region and offshore assets in the Adriatic Sea. Its primary operating assets include onshore gas production concessions in the Emilia Romagna region as well as offshore development licences. Po Valley Energy aims to expand domestic gas supply through ongoing production, field appraisal, and regional exploration across its licensed Italian acreage.

Snapshot

Public AUOwnership
1999Year founded
11–50Employees
Perth, AustraliaHead office
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Global footprint

Operations

All Locations
Perth, AU
Emilia-Romagna
Australia

Products and/or services of Po Valley Energy

  • Onshore Natural Gas Production: Operational production of natural gas from an 80.68 square kilometre onshore production concession situated in the Emilia Romagna region, supplying local pipeline infrastructure and domestic energy markets in northern Italy.
  • Onshore Hydrocarbon Exploration: Regional exploration and appraisal activities across a 506 square kilometre permit area in northern Italy, targeting additional gas bearing structures to expand existing production capacity and extend field longevity.
  • Offshore Natural Gas Field Development: Development of offshore natural gas resources located in shallow waters of the Adriatic Sea, featuring an approved environmental permit and a designed capacity of 300,000 standard cubic metres per day.

Po Valley Energy executive team

  • Mr. Kevin Christopher Bailey A.M.Executive Chairman & CEO
  • Mr. Kevin Ronald Hart B.Com., B.Comm (Hons), C.A., F.C.A.Company Secretary