Penn Virginia Corporation to Present at Upcoming Investor Conferences

RADNOR, Pa.--

Penn Virginia Corporation (NYSE:PVA) announced today that it will make a panel presentation at the Pacesetters Energy Conference, hosted by J.S. Herold, Inc., on Thursday, September 27, 2007 in Old Greenwich, Connecticut, at 9:30 a.m. ET. In addition, PVA will present at the Oil & Gas Investment Symposium San Francisco, hosted by the Independent Petroleum Association of America (IPAA), on Tuesday, October 2, 2007, at 2:45 p.m. ET.

H. Baird Whitehead, Executive Vice President and President of Penn Virginia Oil & Gas Corporation, will present an overview of PVA's oil and gas operations at the Pacesetters Energy Conference and other investor meetings. Frank A. Pici, Executive Vice President and Chief Financial Officer, will present an overview of PVA's operations, including a discussion of strategy and recent activities, at IPAA's OGIS San Francisco and other investor meetings.

The Pacesetters Energy Conference presentation will not be webcast. The OGIS San Francisco presentation will be webcast and can be accessed, along with the accompanying slides, at http://www.vcall.com/IC/CEPage.asp?ID=121035. The presentation slides for both conferences, and the webcast for OGIS San Francisco, can be accessed at PVA's website, www.pennvirginia.com, under "Presentations & Webcasts" in the "For Investors" section.

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 percent 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, please visit its website at www.pennvirginia.com.

Source: Penn Virginia Corporation