Past year: ▲ 72%(5.40c – 9.30c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
4 Sept 2026material agreement▲ GoodMajor
The ministry confirmed the four-well EIA is admissible, opening a 60-day public observation period from 1 September. Po Valley signed a new 12-month Hera Trading gas sales agreement from 1 October 2026 (about 28.19m scm), and August gas sold at €0.67/scm, giving record monthly revenue.
31 July 2026quarterly activities report▲ Good
June quarter: PM-1 produced 7.02m scm (100%) at €0.48/scm, revenue €3.39m, a modest fall in volume owing to planned maintenance. Liquidity is €8.76m (€2.76m cash plus €6m bonds). The four-well EIA was lodged on 26 June.
1 July 2026director officer appointment● Neutral
Kevin Bailey's contract as Executive Chair and CEO is extended 12 months from 1 July 2026, extending the 12-month term set on 4 July 2025. Fixed pay is $265,000 (0.6 FTE) plus super, with 3 months' notice; other terms are unchanged.
29 June 2026regulatory community update▲ GoodMajor
On 26 June 2026 Po Valley filed its Environmental Impact Assessment with the Italian ministry for the four-well Selva Malvezzi drilling program. Seismic processing is nearly complete. The CEO says approval would allow drilling to start in 2027.
30 Apr 2026admin correction● Neutral
Appendix 4G and corporate governance statement for FY2025, lodged with the annual report. Administrative compliance filing pointing to the governance statement on the website; no new information.
30 Apr 2026annual report▲ Good
FY2025 annual report: revenue €7.05m and net profit after tax €2.72m, up from €2.3m in FY2024. The chairman's letter cites the maiden dividend policy and 3D seismic processing, and says Teodorico strategic options are still being evaluated.
30 Apr 2026quarterly activities report▲ Good
March quarter: PM-1 produced 7.26m scm (100%) at €0.43/scm, up from €0.33, revenue €3.1m. Maiden dividend paid, resolving that open thread. Cumulative output of 72.9m scm now exceeds the 2022 certified P1 reserves. Seismic processing is under way, with results to market in Q3 2026.
31 Mar 2026annual report● Neutral
Full-year statutory accounts for the year to 31 December 2025. The visible extract shows only contents, directors and corporate directory, with no financial figures.
26 Mar 2026director officer appointment● Neutral
Lucia McLean became Company Secretary on 26 March 2026, replacing Kevin Hart, who retired the same day. Administrative change with no board changes.
30 Jan 2026dividend declaration▲ GoodMajor
The board adopted a dividend policy and intends to pay a maiden unfranked dividend of 0.0431 A-cents per share for FY2025, payable 31 March 2026. It is indicative, discretionary and not guaranteed; FY2025 operating cash flow was €4.5m.
27 Jan 2026investor presentation● Neutral
January 2026 investor presentation describing the company as a European gas producer, citing 33% insider ownership. Reserves figures are from the July 2022 CPR. The extract shows no new information.
27 Jan 2026quarterly activities report● Neutral
December quarter: PM-1 produced 6.97m scm (100%) at €0.33/scm, revenue €2.3m, with the price falling from €0.37. Cash is €2.46m plus €6m in Italian government bonds, €8.46m in total. Cumulative output is about 95% of certified P1 reserves.
4 Dec 2025drilling result▲ GoodMajor
The 140 sq km 3D seismic survey was completed in 13 days, on budget and ahead of schedule, after the November start. Processing results are targeted for Q2 2026 to refine the four-well plan; Manuel Porcelli was also appointed General Manager of the Italian operations.
19 Nov 2025investor presentation● Neutral
Notice that Chairman and CEO Kevin Bailey will present at the virtual Automic Invest conference on 26 November 2025. Administrative notice with no new information.
18 Nov 2025regulatory community update▲ Good
3D seismic fieldwork began 13 November over 140 sq km with agreement from 1,748 landowners, with processing due by April 2026. A routine well test found no water or sand, and PM-1 runs at about 80,000 scm/day; noise and screening works were completed.
31 Oct 2025quarterly activities report● Neutral
September quarter: PM-1 produced 7.25m scm (100%) at €0.37/scm, revenue €2.68m; cash €8.48m (~A$15m). Output is about 84% of certified P1 reserves, the Hera contract started 1 October, and the four-well EIA revisions and 3D seismic continue.
12 Sept 2025half year report▲ Good
Half-year to 30 June 2025: profit €1.75m (€0.93m a year earlier), gas sales €3.9m, EBITDA €2.6m, cash €7.48m. Confirms the strengthening earnings seen in the quarterly reports for the producing Podere Maiar-1 well.
11 Sept 2025other● Neutral
Po Valley launched an online investor hub for announcements, project updates and shareholder Q&A. Administrative communications news with no effect on operations or finances.
21 Aug 2025material agreement▲ GoodMajor
Po Valley and its Selva Malvezzi partners signed a 12-month gas sales agreement with Hera Trading from 1 October 2025, replacing the BP Gas Marketing deal that ends then. Price is linked to the Italian Gas Index; estimated volume is 27.96m scm.
6 Aug 2025investor presentation● Neutral
August 2025 investor update restating 2Q25 figures: operating cashflow €921k, exploration spend €29k, cash €7.4m at 30 June. Reserves based on the July 2022 CPR. No new information evident in the extract.
31 July 2025investor presentation● Neutral
Notice that the June 2025 quarterly report is released 31 July and the Chairman will host an investor webinar on 6 August 2025. Administrative notice with no new information.
31 July 2025quarterly activities report● Neutral
June quarter: PM-1 produced 7.26m scm (100%), revenue €2.86m at €0.39/scm. Cash €7.4m (~A$13.4m). Environmental studies for the four new wells are being revised after Ministry and local feedback; 3D seismic fieldwork now set for October 2025.
4 July 2025director officer appointment● NeutralMajor
Chairman Kevin Bailey, who says he owns 25%, becomes Executive Chair and CEO immediately, on $265,000 a year (0.6 FTE) for 12 months. This replaces the earlier plan for a full-time Rome-based CEO; no other board changes.
30 Apr 2025annual report▲ Good
2024 annual report: production 27.5m scm (17.3m net to PVE), gas revenue €6.5m, profit after tax €2.3m, no debt, cash €6.5m (A$11.3m) in Q1 2025. Teodorico sale or farm-in partner still sought; 3D seismic permitting and landowner agreements underway.
30 Apr 2025quarterly activities report▲ Good
March quarter: PM-1 produced 6.72m scm (100%), revenue €3.34m at €0.50/scm. Cash €6.567m (~A$11.3m). Ministry final authorisation for 3D seismic received after quarter end, with fieldwork planned for late September or early October 2025; the drilling applications are still awaiting outcome.
30 Apr 2025admin correction● Neutral
Appendix 4G corporate governance statement for FY2024, pointing to the website statement as current at 29 April 2025. Administrative filing with no substantive news.
3 Apr 2025investor presentation● Neutral
April 2025 investor update restating known points: December quarter production ~80,000 scm/day, price €0.46/scm, cash €5m (A$8.4m). Reserves reflect the July 2022 CPR adjusted for depletion. No new information evident in the extract.
28 Mar 2025investor presentation● Neutral
Notice that FY2024 results were released 28 March 2025 and that the Chairman will host an investor webinar on 3 April 2025. Administrative notice with no new information.
28 Mar 2025annual report● Neutral
Full-year statutory accounts for the year to 31 December 2024 (the extract shows contents, directors and corporate directory). The visible text gives no financial figures; the Chairman's letter in the annual report gives them.
31 Jan 2025quarterly activities report▲ Good
December quarter: PM-1 produced 7.32m scm (100%), revenue €3.38m at €0.46/scm, up 22.5%. Cash rose to €4.994m (~A$8.4m). Environmental studies for the four new wells were filed in December 2024; 3D seismic awaits final ministerial approval.
