www.povalley.com
Po Valley Energy is a leading independent Oil and Gas enterprise growing rapidly from quiet, results-driven beginnings. The Company currently operates exclusively in northern Italy exploiting the large hydrocarbon system, and it is now a gas producer in the fast-growing Italian market as it brings its first 2 fields into production - with more to come. All of the Po Valley Energy's fields are in very close proximity to the pipeline grid and major consumers in the north of Italy.
Po Valley Energy to finalise gas production concession for Italian well
Italy focussed Po Valley Energy (ASX: PVE) has commenced two new seismic campaigns to progress exploration and development of the company's projects near Bologna.
The geophysical data is critical in finalising the gas production concession for the Sant’ Alberto gas field, and to target the drilling location for the Cembalina prospect.
The additional infill seismic lines on Sant’Alberto are designed to validate the results previously simulated through dynamic modelling of the reservoirs from 2010.
Po Valley said the new data will be incorporated into the existing dataset, which then allows the company to act on the pending application for concession of the San Vincenzo permit, and the planning for a well in the Podere Gallina licence.


















