Australia's Po Valley Energy rises as co gets concession for Italy gas field

Po Valley Energy

29/07/2022 02:19

** Shares of Po Valley Energy  PVE.AX  rise as much as 3.2%
to A$0.064, hitting their highest since July 20
    ** Co, which owns a portfolio of natural gas fields, says it
got production concession for its Podere Mairar gas field in
Italy  urn:newsml:reuters.com:*:nASX4RvrYl
    ** Says concession will enable development of the gas field 
    ** Co intends to deliver its first gas shipment from Podere
Maiar in the first half of 2023 
    ** Stock more than doubled this year, as of last close 
    


 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))