Penn Virginia Corporation Declares Dividend On Preferred Depositary Shares

RADNOR, Pa., June 20, 2013 (GLOBE NEWSWIRE) -- The Board of Directors of Penn Virginia Corporation (NYSE:PVA) has declared a regular quarterly cash dividend of $150.00 per share on its 6.00 percent Series A convertible preferred stock. As a result, on July 15, 2013, a dividend of $1.50 per depositary share, each representing a 1/100 th interest in a share of the Series A convertible preferred stock, will be paid to holders of record at the close of business on July 1, 2013.

Penn Virginia Corporation (NYSE:PVA) is an independent oil and gas company engaged primarily in the exploration, development and production of oil, NGLs and natural gas in various domestic onshore regions of the United States, with a primary focus in Texas, and to a lesser extent, the Mid-Continent, Mississippi and the Marcellus Shale in Appalachia. For more information, please visit our website at www.pennvirginia.com .
CONTACT: James W. Dean         Vice President, Corporate Development         Ph: (610) 687-7531 Fax: (610) 687-3688         E-Mail: invest@pennvirginia.com

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