Po Valley Energy Limited (AU:PVE) has released an update.
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Po Valley Energy Limited reports a significant turnaround with a profit of €930,241 for the first half of 2024, compared to a loss in the previous year, bolstered by strong gas sales from the Podere Maiar 1 well. The company’s cash reserves have also notably increased, reflecting a successful period in their gas production and exploration activities in the Po Valley region of northern Italy.
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