We are investigating the Board of Directors of Penn Virginia Corporation (“Penn Virginia”or the “Company”) (NasdaqGS: PVAC) for possible breaches of fiduciary duty related to the sale of the company to Denbury Resources, Inc. (NYSE: DNR). Under the terms of the proposed transaction, shareholders of Penn will receive only 12.4 shares of Denbury common stock and $25.86 in cash, or elect to receive all cash, all stock, or a combination thereof subject to proration, for each share of Penn that they own.