Penn Virginia Corporation Schedules Conference Call for First Quarter 2007 Results

RADNOR, Pa.--

Penn Virginia Corporation (NYSE:PVA) today announced that it will release its first quarter 2007 results after the market closes on Wednesday, May 2, 2007 and hold a conference call / webcast on Thursday, May 3, 2007. The full text of the press release will be available on the Company's website, www.pennvirginia.com, and VCall http://www.vcall.com/IC/CEPage.asp?ID=115845, as well as other electronic business news services.

You are invited to listen to the Company's conference call, during which management will discuss first quarter 2007 results. The call is scheduled for Thursday, May 3, 2007 at 3:00 p.m. ET. Prepared remarks by A. James Dearlove, President and Chief Executive Officer, will be followed by a question and answer session. You can participate in the conference call by phone or via the Internet.

Event:    Conference call to discuss 2007 first quarter results and
           operational update
Timing:   May 3, 2007 at 3:00 p.m. ET
Internet: Log onto the Company's website at: www.pennvirginia.com at
           least 20 minutes prior to the scheduled start of the call
           to download and install any necessary audio software
Phone:    Dial 1-877-407-9205 five to ten minutes before the scheduled
           start of the conference call
Replay:   A telephone replay will be available for two weeks through
           5/17/07 at 11:59 pm. Replay toll free participant number:
           1-877-660-6853. Replay pass codes needed for playback:
           Account #286, Conference ID #237707. An on-demand replay of
           the conference call will be available at the Company's
           website beginning shortly after the call

Headquartered in Radnor, PA and a member of the S&P SmallCap 600 Index, Penn Virginia Corporation (NYSE:PVA) is an independent natural gas and oil company focused on the exploration, acquisition, development and production of reserves in onshore regions of the U.S., including the Appalachian Basin, the Cotton Valley play in east Texas, the Selma Chalk play in Mississippi, the Mid-Continent region and the Gulf Coast of Louisiana and Texas. PVA also owns approximately 82% of Penn Virginia GP Holdings, L.P. (NYSE:PVG), the owner of the general partner and the largest unit holder of Penn Virginia Resource Partners, L.P. (NYSE:PVR), a manager of coal properties and related assets and the operator of a midstream natural gas gathering and processing business. For more information about PVA, visit the Company's website at www.pennvirginia.com.

Source: Penn Virginia Corporation