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Last A$0.07 AUD
Change Today 0.00 / 0.00%
Volume 0.0
PVE On Other Exchanges
As of 8:18 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

po valley energy ltd (PVE) Snapshot

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10/24/14 - A$0.12
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04/30/15 - A$0.04
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po valley energy ltd (PVE) Details

Po Valley Energy Limited operates as an oil and gas exploration, development, and production company in the Po Valley region, Italy. Its portfolio includes 11 license areas covering 2,000 square kilometers located in the Lombardy and Emilia Romagna regions, north of Italy. The company also produces and sells gas from its production wells; and owns and operates two gas treatment plants. As of December 31, 2014, it produced 18.6 million cubic meters of gas. The company is based in Mt Pleasant, Australia.

po valley energy ltd (PVE) Top Compensated Officers

Acting Chief Executive Officer and Chief Fina...
Total Annual Compensation: €154.5K
Compensation as of Fiscal Year 2014.

po valley energy ltd (PVE) Key Developments

Po Valley Energy Ltd. Reports Earnings and Production Results for the Year Ended December 31, 2014

Po Valley Energy Ltd. reported earnings and production results for the year ended December 31, 2014. For the year, revenue was EUR 5.0 million compared to EUR 6.7 million for the same period a year ago. EBITDA was EUR 1.5 million compared to EUR 1.8 million. Whilst EBITDA decreased slightly if compared to the previous year, the decline was less than proportionate to the decrease in revenue primarily due to a successful cost savings initiative which resulted in EUR 1.2 million in overhead and administrative savings. Loss for the period was EUR 1.2 million compared to EUR 5.8 million. Net cash flow from operating activities was EUR 1.9 million or AUD 2.9 million against EUR 3.3 million a year ago. Full year gas production was 18.6 million cubic metres or 0.7 billion cubic feet compared to 23.9 million cubic metres a year ago.

Po Valley Energy Ltd. Auditor Raises 'Going Concern' Doubt

Po Valley Energy Ltd. filed its Annual on Mar 26, 2015 for the period ending Dec 31, 2014. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Po Valley Energy Ltd., Annual General Meeting, May 15, 2015

Po Valley Energy Ltd., Annual General Meeting, May 15, 2015., at 10:30 E. Australia Standard Time. Location: Port Jackson Partners Limited. Agenda: To consider adoption of remuneration report; to consider re-election of Gregory Short as a director; to consider re-election of Kevin Eley as a director; to consider approval of 10% placement capacity.


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