FORM 3
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person
Lilly Peter B.
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(Last) (First) (Middle)
50 Jerome Lane
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(Street)
Fairview Heights IL 62208
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(City) (State) (Zip)
2. Date of Event Requiring Statement
(Month/Day/Year)
2/3/99
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3. Issuer Name and Ticker or Trading Symbol
PENN VIRGINIA CORPORATION (PVA)
4. Relationship of Reporting Person to Issuer
(Check all applicable)
__X___ Director _____ 10% Owner
______ Officer (Give title below) _____ Other (specify below)
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5. If Amendment, Date of Original
(Month/Day/Year)
6. Individual or Joint/Group Filing
(Check applicable line)
__X_ Form filed by one Reporting Person
____ Form filed by more than one Reporting Person
<TABLE>
Table I - Non-Derivative Securities Beneficially Owned
<CAPTION>
2. Amount of 3. Ownership Form:
Securities Direct (D)
Beneficially or
1. Title of Security Owned Indirect (I)
-------------------------- ------------- --------------
<S> <C> <C>
None
4. Nature of Indirect Beneficial
1. Title of Security Ownership
-------------------------- -----------------------------
<S> <C>
None
</TABLE>
<PAGE>
<TABLE>
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options,convertible securities)
<CAPTION>
2. Date Exercisable 3. Title and Amount
and Expiration of Securities
Date Underlying
(Month/Day/Year) Derivative Security
----------------- --------------------------
Amount
Date Expir- or Num-
1. Title of Derivative Exer- ation ber of
Security cisable Date Title Shares
------------------------ ------- --------- -------------- -------
<S> <C> <C> <C> <C>
None
($6.25 par value)
5. Ownership
4. Conversion Form of
or Exercise Derivative
Price of Security
1. Title of Derivative Derivative Direct (D) or
Security Security Indirect (I)
-------------------------- ---------------- -------------
<S> <C> <C>
None
1. Title of Derivative 6. Nature of Indirect
Security Beneficial Ownership
-------------------------- ------------------
<S> <C>
None
</TABLE>
Explanation of Responses:
Intentional misstatements or
omissions of facts constitute
Federal Criminal Violations.
Peter B. Lilly February 11, 1999
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Signature of Reporting Person Date
By: /S/ Nancy M. Snyder
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General Counsel and Corporate Secretary
Authorized Signer
