Shares of Po Valley Energy (ASX:PVE) have seen an increase as high as 14.9% to A$0.054.

The latest increase of 6.4% points toward Po Valley Energy’s best day since July 25th, if the gains it’s experiencing continue.

The natural gas company has recently completed the ramp-up and commissioning of Podere Maiar–1, a gas facility located in northern Italy.

The gas produced during the ramp-up period was subsequently sold to BP Gas Marketing under a supply agreement set to last 18 months.

A detailed analysis of well data is currently in progress.

However, it’s pertinent to note that Po Valley Energy’s stock has seen a 24% decrease this year as of the last close.

Po Valley Energy is a company that specializes in natural gas exploration and exploitation in Italy.