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Po Valley Energy Accelerates Growth with Record Q4 Gas Production and Revenue

9:48am on Friday 31st of January, 2025 AEDT Energy
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Po Valley Energy Accelerates Growth with Record Q4 Gas Production and Revenue

9:48am on Friday 31st of January, 2025 AEDT
Key Points
  • Podere Maiar-1 gas production averages nearly 80,000 scm/day in Q4 2024
  • Quarterly revenue surges to €2.13 million net to Po Valley, driven by higher gas prices
  • Multi-well drilling applications and environmental studies submitted for Selva Malvezzi expansion
  • Cash reserves strengthen to nearly €5 million, supporting upcoming development activities
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