Parsons to lead POV's new charge

PO VALLEY Energy is reorganising its Italian oil and gas assets, with subsidiary Saffron Energy becoming a three-way vehicle to host its own assets, three new assets of POV’s and five more from Sound Energy in a restructure that will see the creation of a new entity possibly called Coro Energy.

Parsons to lead POV's new charge Parsons to lead POV's new charge Parsons to lead POV's new charge Parsons to lead POV's new charge Parsons to lead POV's new charge

James Parsons.

The deal will see Po Valley, which has a 54% stake in Saffron, become a larger and more liquid company, positioning itself as a midcap regional producer and explorer.