Penn Virginia Corporation announced the closing of the Juniper transaction, reaffirmation of its borrowing base, and the appointment of additional members to the Company's Board of Directors. In conjunction with the closing of the transaction, the Board has increased from four members to nine members, and Edward Geiser will serve as the new Chairman. The new directors are: Edward Geiser - Managing Partner of Juniper Capital Advisors; Kevin Cumming - Partner of Juniper Capital Advisors; Tim Gray - General Counsel and Chief Compliance Officer of Juniper Capital Advisors; Joshua Schmidt - Managing Director of Juniper Capital Advisors; Temitope Ogunyomi - Director of Juniper Capital Advisors.