Permex Petroleum Corporation to Consolidate its Common Shares
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2023) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P0) ("Permex" or the "Company") announces that the Company will be consolidating all of its issued and outstanding common shares (the "Shares") on the basis of one (1) post-consolidated Share for every four (4) pre-consolidated Shares held (the "Consolidation"). The Company's board of directors approved the Consolidation on September 13, 2023, and set October 23,...
2023-10-19 11:07 AM EDT
RETRANSMISSION : Permex Petroleum produit un rapport mis à jour sur les réserves qui confirme qu'il y a l'équivalent de 27 millions de barils de pétrole dans ses actifs du bassin permien
Dallas, Texas--(Newsfile Corp. - 22 février 2023) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCD) (FSE: 75P0) (« Permex » ou la « Société »), société d'énergie indépendante qui se consacre à l'acquisition, à l'exploration, au développement et à la production de propriétés pétrolières et gazières sur des terres privées, d'États américains et de l'État fédéral des États-Unis, a reçu la mise à jour d'une évaluation indépendante des réserves de MKM Engineering (le « rapport sur les...
2023-02-22 4:37 PM EST
RETRANSMISSION: Permex Petroleum Provides Updated Reserve Report Confirming 27 Million Barrels of Oil Equivalent on Its Permian Basin Assets
Dallas, Texas--(Newsfile Corp. - February 22, 2023) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCD) (FSE: 75P0) ("Permex" or the "Company"), an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties on private, state and federal land in the United States, has received an updated independent reserve evaluation from MKM Engineering (the "Reserve Report"), effective November 21, 2022, that uses proved and probable...
2023-02-22 9:30 AM EST
Permex Petroleum to Attend Upcoming Investor Conferences
Vancouver, British Columbia--(Newsfile Corp. - April 13, 2022) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) ("Permex" or the "Company"), a leading junior oil and gas company, today announced that management will participate in the Noble Capital Markets' 18th Annual Investor Conference taking place April 19-21, 2022, at the Hard Rock Hotel & Casino in Hollywood, Florida, as well as the Taglich Brothers 18th Annual Investment Conference on May 2, 2022, at the TWA Hotel in...
2022-04-13 8:00 AM EDT
Permex Petroleum Corporation Reports Successful Production from Second Recompleted Well on New Mexico Property
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2022) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) ("Permex" or the "Company"), a leading junior oil and gas company, announced the successful results obtained from the recompletion of a previously shut-in oil well on its West Henshaw property in Eddy County, New Mexico. The results are from well #6-10 on the West Henshaw property, which is one of the 69 shut-in wells Permex currently owns, and represent the second...
2022-04-05 8:51 AM EDT
Permex Petroleum Corporation gibt Abschluss einer vermittelten Privatplatzierung in Höhe von 7,5 Millionen USD bekannt
Vancouver, British Columbia--(Newsfile Corp. - Mittwoch, 30. März 2022) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) ("Permex" oder das "Unternehmen"), ein hervorragend positioniertes junges Öl- und Gasunternehmen mit Vermögenswerten und Betrieben im gesamten Perm-Becken in West-Texas und im Delaware-Becken in New Mexico, gab den Abschluss einer vermittelten Privatplatzierung bekannt (das "Angebot") von 47.128.625 Einheiten (die "Einheiten") zu einem Preis von 0,16 USD...
2022-03-30 4:54 PM EDT
Permex Petroleum Corporation Announces Closing of USD $7.5 Million Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2022) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) ("Permex" or the "Company"), a uniquely positioned junior oil & gas company with assets and operations across the Permian Basin of West Texas and the Delaware Sub-Basin of New Mexico, announced the closing of a brokered private placement (the "Offering") of 47,128,625 units (the "Units") at a price of USD $0.16 per unit for gross proceeds of approximately USD $7.5...
2022-03-28 4:00 PM EDT
Permex Petroleum Corporation Secures DTC Eligibility of Its Common Shares
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2022) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) ("Permex" or the "Company"), a leading junior oil and gas company, announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC") in the United States. Securities approved for eligibility for electronic clearance and settlement through DTC are considered "DTC eligible." This electronic...
2022-02-24 7:30 AM EST
Permex Petroleum Corporation Reports Successful Production from Recompleted Well on New Mexico Property
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2022) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) ("Permex" or the "Company"), a leading junior oil and gas company, announced the successful results obtained from the recompletion of a previously shut-in oil well on its West Henshaw property in Eddy County, New Mexico. In January 2022, Permex began the pilot re-entry on the West Henshaw well #15-3, one out of the 69 shut-in wells it currently owns. The...
2022-02-22 7:30 AM EST
Permex Petroleum Corporation veröffentlicht Aktionärsbrief und gibt Unternehmensinformationen bekannt
Vancouver, British Columbia--(Newsfile Corp. - Donnerstag, 3. Februar 2022) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) ("Permex" oder das "Unternehmen"), ein führendes junges Öl- und Gasunternehmen, veröffentlichte heute einen Brief seines President & CEO Mehran Ehsan an die Aktionäre. Sehr geehrte Aktionäre, 2021 war für Permex ein Jahr des Wandels. Wir legten die Grundlagen für ein erfolgreiches Jahr 2022 und darüber hinaus, indem wir unsere dynamisch wachsende...
2022-02-03 3:20 PM EST
Permex Petroleum Corporation Issues Shareholder Letter and Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2022) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) ("Permex" or the "Company"), a leading junior oil and gas company, today issued a letter to shareholders from its President & CEO, Mehran Ehsan. Dear Fellow Shareholders, 2021 was a transformational year for Permex, building the foundation for success in 2022 and beyond as we advance our evolving position within the North American oil and gas market. Throughout...
2022-02-01 8:30 AM EST
Permex Petroleum Corporation Provides Operational Update and Announces New Listing
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) ("Permex" or the "Company"), a leading junior oil and gas company, today provided an update on its operations and capital markets initiatives. Commencement of New Projects In December 2021, Permex began re-entry and recompletion of two saltwater disposal wells in the Company's Clearfork Area in Stonewall County, Texas. These new saltwater disposal wells and...
2021-12-15 11:37 AM EST
Permex Petroleum Corporation Confirms 24.5 Million Barrels of Oil Equivalent of Reserves on Its Permian Basin Assets
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company"), a leading junior oil and gas company, has completed its independent reserve evaluation, including its newly acquired Breedlove "B" Clearfork Asset, effective September 1, 2021, in compliance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas activities and in accordance with the Canadian Oil and Gas Evaluation Handbook....
2021-11-30 7:30 PM EST
Permex Petroleum to Host Virtual Roadshow on Tuesday, November 30, 2021, at 11:30 a.m. Eastern Time
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company"), a leading junior oil and gas company, will host a virtual roadshow on Tuesday, November 30, 2021, at 11:30 a.m. Eastern Time. Mehran Ehsan, President and CEO of Permex, will present an overview of the Company's recent operational progress, growth initiatives, and strategic vision. The webinar will be accompanied by a presentation and followed...
2021-11-18 4:30 PM EST
Permex Petroleum Corporation Announces Closing of Over-Subscribed Private Placement Offering for Gross Proceeds of C$714,700
Vancouver, British Columbia--(Newsfile Corp. - November 3, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company"), a leading junior oil and gas company, today announced that due to greater demand for the offering, it has increased the total number of Units offered under its previously announced non-brokered private placement. At the closing, the Company issued 2,647,037 Units for aggregate gross proceeds of C$714,700. Each Unit is comprised of one common...
2021-11-03 12:59 PM EDT
Permex Petroleum Corporation Announces Private Placement Offering of up to C$540,000
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company"), a leading junior oil and gas company, today announced its intention to offer a non-brokered private placement offering (the "Offering") of up to 2,000,000 units ("Units") at a price of C$0.27 per Unit for gross proceeds of up to C$540,000. Each Unit shall be comprised of one common share and one-half of one common share purchase warrant (a...
2021-11-01 4:36 PM EDT
Permex Petroleum Corporation Completes Transformational Acquisition of the Breedlove "B" Field in Martin County, Texas
Vancouver, British Columbia--(Newsfile Corp. - October 27, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company"), a leading junior oil and gas company, has completed the previously announced Purchase and Sale Agreement ("PSA") with Pratt Oil Company, LLC, Rockport Permian, LLC and Petro America Resources, LLC (the "Seller"), and now holds 100% working interest in the Mabee Breedlove Clearfork Unit, Mallard Breedlove lease, Carter Clearfork lease and Erwin...
2021-10-27 8:30 AM EDT
Permex Petroleum Corporation Appoints J.P. Bryan and Jay Lendrum to its Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - October 12, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company"), a leading junior oil and gas company, today appointed John Perry ("J.P.") Bryan, Jr. and John James ("Jay") Lendrum, III to its Board of Directors (the "Board"). Mr. Bryan joins Permex with more than 50 years of management experience at some of the most recognizable and successful oil and gas companies in the world. Bryan has built a legacy...
2021-10-12 8:49 AM EDT
Permex Petroleum Corporation Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company"), a leading junior oil and gas company, announced that pursuant to the Company's Stock Option Plan (the "Plan"), it's Board of Directors approved the granting of 3,300,000 stock options to certain directors and officers of the Company. The options are exercisable at a price of $0.24 per common share and expire October 6, 2031. Granting of the...
2021-10-07 3:37 PM EDT
Permex Petroleum Corporation Executes Definitive Agreement to Acquire Transformational 7,800-Acre Oil & Gas Asset in the Core of Permian Basin of West Texas
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company"), a leading junior oil and gas company, has entered into a definitive Purchase and Sale Agreement ("PSA") with Pratt Oil Company, LLC, Rockport Permian, LLC and Petro America Resources, LLC (the "Seller") for the purchase of all the Seller's rights, title and interest in the Mabee Breedlove Clearfork Unit, Mallard Breedlove lease, Carter Clearfork...
2021-10-04 8:30 AM EDT