Po Valley exclaims ‘Mamma Mia’ at licence award
Australian listed oil and gas exploration, development and production company, Po Valley Energy Ltd (ASX: PVE), which has energy assets in northern Italy, has been granted the large onshore Torre del Moro oil exploration licence, located southeast of Bologna, in the eastern Po Valley region of Italy.
Po Valley said the licence covers an area of 111km2 and contains a large, attractive oil exploration target. The licence has a six year initial exploration period.
Its main exploration play is...