Permex Petroleum Corporation Announces Memorandum of Understanding to Potentially Fund up to $25 Million USD to Develop Core Permian Basin Assets
Vancouver, British Columbia--(Newsfile Corp. - September 8, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company"), a publicly traded oil and gas exploration and production company with assets in the Permian Basin, is pleased to announce it has entered into a non-binding Memorandum of Understanding (the "MOU") with Chisos Ltd. ("Chisos") to potentially fund up to US$25 million, in development capital from Chisos, a Houston-based private oil and gas operator and non-operated interest partner with interests...
2025-09-08 9:29 AM EDT
Permex Petroleum Corporation Announces Entry into Option Agreement for Right to Acquire Energy Producing Assets in Connection with Bitcoin Mining Strategy
Vancouver, British Columbia--(Newsfile Corp. - September 2, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company"), a publicly traded oil and gas exploration and production company with assets in the Permian Basin, is pleased to announce it has entered into an option agreement (the "Option Agreement") to purchase producing oil and natural gas wells from an ownership group including Navidad Petroleum and TMR Exploration (the "Group"). The assets include over 50 producing wells, gathering facilities as...
2025-09-02 9:29 AM EDT
Permex Petroleum Corporation Announces Strategic Relationship with 360 Energy to Collaborate on In-Field Computing Infrastructure to Develop Hydrocarbons and Cryptocurrency
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company"), a publicly traded oil and gas exploration and production company with assets in the Permian Basin, is pleased to announce it has entered into a non-binding Letter of Intent ("LOI") with Texas-based 360 Energy, Inc. ("360 Energy"). 360 Energy is a next-generation oilfield services provider, specializing in the delivery and operations of turnkey, mobile gas offtake solutions that capture and...
2025-08-19 9:29 AM EDT
Permex Petroleum Announces Closing of US$2,000,000 Private Placement of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to announce that, further to its press releases dated July 4, 2025, the Company has closed a private placement (the "Offering") of convertible debenture units of the Company (the "Units") for gross proceeds of US$2,000,000. Pursuant to the Offering, the Company issued 2,000 Units to a single arm's length subscriber, with each Unit consisting of one convertible debenture...
2025-07-11 5:12 PM EDT
Permex Petroleum Announces US$2,000,000 Private Placement of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - July 4, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to announce a private placement (the "Offering") of convertible debenture units of the Company (the "Units") for gross proceeds of US$2,000,000. Pursuant to the Offering, the Company will issue 2,000 Units to a single arm's length subscriber, with each Unit consisting of one convertible debenture (a "Debenture") in the principal amount of US$1,000 and 393 common share purchase...
2025-07-04 7:30 AM EDT
Permex Unaware of Any Material Change
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") at the request of the Canadian Investment Regulatory Organization (CIRO), wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in share price and trading activity. The Company continues to execute on its previously announced business plans and will keep the market informed of any material...
2025-06-23 5:17 PM EDT
Permex Announces Successful Initial Implementation of Operating Arrangement, Change of Officers
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to provide an update to the operating arrangement (the "Arrangement") with a private oil and gas operator in the Permian Basin previously announced on January 13th, 2025. The Company has started production on all of the wells subject to the Arrangement and initial production results have met the expectations of management. "We are very pleased with how the...
2025-05-08 5:00 PM EDT
Permex Enters Operating Arrangement with Private Permian Basin Operator
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to announce that the Company has entered into an arrangement with a private oil and gas operator concerning assets owned by such operator in the Permian Basin. This arrangement grants Permex operating rights over 19 wells in the Permian Basin in exchange for a monthly operating fee of up to $75,000 USD per month based on production volumes...
2025-01-13 9:29 AM EST
Permex Appoints Richard Little as Chairman, Adds Bo Boyd to The Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - December 30, 2024) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to announce that the Company's Board of Directors (the "Board") has approved the appointment of BaShara (Bo) Crystelle Boyd to serve on the Board effective December 23rd, 2024. In addition, the Company has confirmed Richard Little as Non-Executive Chairman of the Board."Permex is very fortunate to have Richard leading our Board of Directors. His experience as the Chief...
2024-12-30 5:00 PM EST
Permex Petroleum Provides Corporate Update
New management and Board of Director leadership puts operations back on trackSince April 2024, approximately US$4.2mm in new capital raisedProduction back online at Breedlove asset; on pace to exceed previous production ratesCompliant with reporting requirements in both Canada and the United States for the first time since summer of 2023.Houston, Texas--(Newsfile Corp. - November 18, 2024) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to provide a summary of recent developments as well as...
2024-11-18 9:29 AM EST
Permex Petroleum Announces Repayment of Outstanding Debentures and Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2024) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to announce that on November 1, 2024 the Company closed the first tranche (the "First Tranche") of its previously announced private placement (the "Offering") of convertible debenture units of the Company (the "Units") for gross proceeds of US$4,276,389. The terms of the Offering were announced by the Company on September 9, 2024 and September 18, 2024.Pursuant to the...
2024-11-04 7:02 PM EST
Permex Petroleum Announces Repricing of Previously Announced Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 18, 2024) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to announce today that, further to its news release on September 9, 2024, the Company is repricing its previously announced non-brokered private placement (the "Offering") of up to 18,635 convertible debenture units of the Company (each, a "Unit"). Each Unit consists of one convertible debenture (a "Debenture") in the principal amount of US$1,000 and 523 (previously 245) common...
2024-09-18 5:01 PM EDT
Permex Petroleum Announces Shares to Resume Trading on the Canadian Securities Exchange, Termination of Previously Announced Private Placement and Proposed New Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2024) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to announce today that the common shares of the Company will be reinstated for trading on the Canadian Securities Exchange (the "Exchange"), effective September 9th, 2024, in connection with the revocation of the Company's cease trade order (the "CTO") issued by the British Columbia Securities Commission on April 16, 2024.The CTO was issued due to the Company's failure...
2024-09-09 5:51 PM EDT
Permex Petroleum Announces Appointment of New Directors
Vancouver, British Columbia--(Newsfile Corp. - August 27, 2024) - Permex Petroleum Corporation (CSE: OIL) (OTC: OILCF) (FSE: 75P) ("Permex" or the "Company") is pleased to announce that the Company's Board of Directors (the "Board") has approved the appointment of Richard Little and Kevin Nanke to serve on the Board effective as of August 26, 2024. Mr. Little is the current CEO of private operator, Fury Resources. Before Fury Resources, Mr. Little was the CEO of public operator Battalion Oil Company...
2024-08-27 2:45 PM EDT
Permex Petroleum Announces Appointment of Mr. Brad Taillon, CEO, to the Board of Directors as Well as Additional Board Updates
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2024) - Permex Petroleum Corporation (CSE: OIL) (OTC: OILCF) (FSE: 75P) ("Permex" or the "Company") announces the appointment of Brad Taillon, CEO of Permex, to the Board of Directors (the "Board"), effective June 12, 2024. The Company previously announced on April 29, 2024, the appointment of Mr. Taillon as President and CEO of Permex. Mr. Taillon has a wealth of experience working in operations and finance for both public and private junior Oil...
2024-06-27 9:29 AM EDT
Permex Petroleum Announces Partial Revocation Order Approval, Closing Additional Proceeds from Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2024) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) ("Permex" or the "Company") announces that it has closed a second tranche (the "Second Tranche") of its previously announced non-brokered private placement (the "Private Placement"), whereby the Company issued 865 convertible debenture units of the Company (the "Units") to one subscriber for gross proceeds of US$865,000. Further to the Company's news releases dated April 15, 2024 and May 29, 2024, the Company...
2024-06-18 1:25 PM EDT
Permex Petroleum Announces Application for Partial Revocation Order and Second Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2024) - Permex Petroleum Corporation (CSE: OIL) (OTC: OILCF) (FSE: 75P) ("Permex" or the "Company") announces that it has applied to the British Columbia Securities Commission (the "BCSC") for a partial revocation of the failure-to-file cease trade order that was issued by the BCSC against the Company on April 16, 2024 (the "FFCTO") for failing to file certain outstanding continuous disclosure documents in a timely manner (the "Partial Revocation Order").If the Partial Revocation...
2024-05-29 9:29 AM EDT
Permex Petroleum Announces Appointment of New President and Chief Executive Officer
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2024) - Permex Petroleum Corporation (CSE: OIL) (OTC: OILCF) (FSE: 75P) ("Permex" or the "Company") announced today the appointment of Mr. Bradley Taillon by the Board of Directors as the new President and Chief Executive Officer of the Company. Mr. Taillon has a wealth of experience working in operations and finance for both public and private junior Oil & Gas companies, particularly those focused on US and Permian Basin growth and development....
2024-05-01 9:00 AM EDT
Permex Petroleum Announces Closing of Convertible Debenture Financing
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2024) - Permex Petroleum Corporation (CSE: OIL) (OTC Pink: OILCF) (FSE: 75P) ("Permex" or the "Company") is pleased to announce that the Company has closed its previously announced private placement (the "Offering") of convertible debenture units of the Company (the "Units") for gross proceeds of US$500,000. Pursuant to the Offering, the Company issued 500 Units, with each Unit consisting of one convertible debenture (a "Debenture") in the principal amount of US$1,000 and one...
2024-04-16 3:50 PM EDT
Permex Petroleum Provides Update Regarding Management Cease Trade Order
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2024) - Permex Petroleum Corporation (CSE: OIL) (OTC Pink: OILCF) (FSE: 75P) ("Permex" or the "Company") is providing an update with respect to the management cease trade order ("MCTO") issued by the British Columbia Securities Commission (the "BCSC") on January 30, 2024, as previously announced by the Company in news releases dated January 31, 2024, February 19, 2024 and February 28, 2024. The MCTO was issued by the BCSC in connection with the...
2024-03-13 10:41 PM EDT