Penn Virginia Corporation Schedules Conference Call for 2007 Fourth Quarter and Full-Year Results

RADNOR, Pa.--

Penn Virginia Corporation (NYSE:PVA) today announced that it will release its 2007 fourth quarter and full-year results after the market closes on Wednesday, February 13, 2008 and hold a conference call / webcast on Thursday, February 14, 2008.

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=125003, as well as other electronic business news services.

You are invited to listen to PVA's conference call, during which management will discuss 2007 fourth quarter and full-year results and provide an operational update. The call is scheduled for Thursday, February 14, 2008 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 fourth quarter and full-
            year results and operational update

Timing:    February 14, 2008 at 3:00 p.m. ET

Internet:  Log onto PVA's website at: www.pennvirginia.com 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
            2/28/08 at 11:59 pm. Replay toll free participant number:
            1-877-660-6853. Replay pass codes needed for playback:
            Account #286, Conference ID #270353. 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 domestic onshore regions, 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 and natural resource 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