Penn Virginia Corporation Schedules Conference Call for Third Quarter 2007 Results

RADNOR, Pa.--

Penn Virginia Corporation (NYSE:PVA) today announced that it will release its third quarter 2007 results after the market closes on Wednesday, October 31, 2007 and hold a conference call / webcast on Thursday, November 1, 2007.

The full text of the press release will be available on PVA's website, www.pennvirginia.com, and VCall http://www.vcall.com/IC/CEPage.asp?ID=118893, as well as other electronic business news services.

You are invited to listen to PVA's conference call, during which management will discuss third quarter 2007 results and an operational update. The call is scheduled for Thursday, November 1, 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 third quarter results and
           operational update

Timing:   November 1, 2007 at 3:00 p.m. ET

Internet: Log onto PVA'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 webcast replay will be available for two weeks through
           11/15/07 at 11:59 pm. Replay toll free participant number:
           1-877-660-6853. Replay pass codes needed for playback:
           Account #286, Conference ID #257715. An on-demand replay of
           the conference call will be available at PVA'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, please visit PVA's website at www.pennvirginia.com.

Source: Penn Virginia Corporation