Exhibit 15
                                                                              
                                                                              
                                                                              
Penn Virginia Corporation
200 S. Broad Street
800 The Bellevue 
Philadelphia, PA 19102

Re:  Registration Statement Nos. 2-67355, 2-77500 and 33-40430

Gentlemen:

With respect to the subject Registration Statements, we acknowledge our
awareness of the use therein of our report dated August 12, 1994 related to our
review of interim financial information.

Pursuant to Rule 436(c) under the Securities Act, such report is not considered
a part of a Registration Statement prepared or certified by an accountant or a
report prepared or certified by an accountant within the meaning of Sections 7
and 11 of the Act.

                                      Very truly yours,

                                      KPMG PEAT MARWICK

                                      KPMG PEAT MARWICK










August 12, 1994