PVAC - Penn Virginia Continues To Acquire More Bolt-On Eagle Ford Acreage

• Penn Virginia has proposed another accretive transaction.
• Lonestar shareholders benefit from the combination with a far stronger company.
• The Juniper deal is beginning to make more sense to the market.
• The "bolt-on" acreage makes that part of the deal very valuable to Penn Virginia.
• The rest of the acreage can be developed, swapped, or used to begin another core area.

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