PENN VIRGINIA CORP
8-K/A, 1996-08-30
CRUDE PETROLEUM & NATURAL GAS
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K/A

                                  AMENDMENT NO. 1

            Current Report Pursuant to Section 13 or 15(d) of the
                       Securities Exchange Act of 1934

                               August 30, 1996

                           PENN VIRGINIA CORPORATION
- -------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)

                                   VIRGINIA
- -------------------------------------------------------------------------------
                 (State or Other Jurisdiction of Incorporation)

          0-753                                             23-1184320         
- -------------------------------------------------------------------------------
   (Commission File No.)                                   (I.R.S. Employer
                                                            Identification No.)

                100 Matsonford Road Suite 200, Radnor, PA 19087
- -------------------------------------------------------------------------------
                    (Address of Principal Executive Offices)

                                     19087
- -------------------------------------------------------------------------------
                                   (Zip Code)

                                (610) 687-8900
- -------------------------------------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized, in Radnor, State of Pennsylvania, on
August 30, 1996.

                                         PENN VIRGINIA CORPORATION
                                         
                                         By:
                                         
                                         
                                         
                                         
                                                  /s/ STEVEN W. THOLEN
                                                  ---------------------------
                                                  Steven W. Tholen
                                                  Vice President and
                                                  Chief Financial Officer
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ITEM 4.  CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT

a.)      On August 30, 1996, the firm of Arthur Andersen LLP was engaged as
         independent accountant for the Registrant for the fiscal year ended
         December 31, 1996.  This action was approved by the Board of Directors
         of the Registrant on July 16, 1996.  The Registrant dismissed KPMG
         Peat Marwick LLP as its independent accountant on August 29, 1996.

b.)      During the two most recent fiscal years and interim period subsequent
         to December 31, 1995, there have been no disagreements with KPMG Peat
         Marwick LLP on any matter of accounting principles or practices,
         financial statement disclosure, or auditing scope or procedure or any
         reportabl events.

c.)      KPMG Peat Marwick LLP's report on the financial statements for the past
         two years contained no adverse opinion or disclaimer of opinion and
         was not qualified or modified as to uncertainty, audit scope or
         accounting principles.

d.)      The Registrant has requested that KPMG Peat Marwick LLP furnish it
         with a letter addressed to the SEC stating whether it agrees with the
         above statements.


ITEM 7.  EXHIBITS AND REPORTS ON FORM 8-K

         Exhibit              Description

           16.1               Letter re change in certifying accountant

<PAGE>   1

                                                                   EXHIBIT 16.1


                      (KPMG Peat Marwick LLP letterhead)





August 29, 1996



Mr. Steven W. Tholen
Vice President and Chief Financial Officer
Penn Virginia Corporation
Suite 200
100 Matsonford Road
Radnor, PA  19087


Dear Mr. Tholen:

This is to confirm that the client-auditor relationship between Penn Virginia
Corporation and KPMG Peat Marwick LLP has ceased.


Very truly yours,


/s/ KPMG PEAT MARWICK LLP


cc:   Chief Accountant
      Securities and Exchange Commission
      (return receipt requested)


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