13D Filing: Strategic Value Partners, LLC and Penn Virginia Corp (PVAC)

CUSIP No.   70788V 300 and 70788V 102

1.

Name of Reporting Person.
SVP Special Situations III LLC

I.R.S. Identification No. of Above Person (Voluntary)

2.

Check the Appropriate Box if a Member of a Group

(a)

 o

(b)

 o

3.

SEC Use Only

4.

Source of Funds
Not Applicable

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

6.

Citizenship or Place of Organization
Delaware

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

8.

Shared Voting Power
625,362 (1)

9.

Sole Dispositive Power
0

10.

Shared Dispositive Power
625,362 (1)

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
625,362 (1)

12.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares   o

13.

Percent of Class Represented by Amount in Row (9)
4.2% (2)

14.

Type of Reporting Person
OO