Po Valley Energy gains on nod to gas production at Italy project
28/06/2023 04:18
** Shares of Australia's Po Valley Energy PVE.AX rise as
much as 10.9% to A$0.071, set for best day since February 14, if
gains hold
** Natural gas explorer says its 63% owned Podere Maiar - 1
(PM-1) production facility has obtained all final approvals from
Italian Energy Ministry for gas production
** Co says gas production at PM-1 set to commence in early
July
** PVE at its highest level since May 22
** Stock up 3.2% YTD, as of last close
(Reporting by Ayushman Ojha in Bengaluru)
((Ayushman.ojha@thomsonreuters.com;))
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