Permex Petroleum Corporation

Recent News

  • Permex Petroleum Corporation Announces Two Additional Oil and Natural Gas Property Royalty Acquisitions in Texas

    Vancouver, British Columbia--(Newsfile Corp. - February 24, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company") is pleased to announce the purchase of producing royalty interests in (15) horizontal oil and natural gas wells located in Atascosa and La Salle Counties, Texas.These fields are located within the Eagleville field of the Eagle Ford Shale. They have produced an average of 7,248 barrels of oil per day ("BOPD") and 9.06 million cubic feet of gas...

    2021-02-24 9:11 AM ET
  • Permex Petroleum Corporation Announces Permian Basin Oil and Natural Gas Royalty Acquisition

    Vancouver, British Columbia--(Newsfile Corp. - February 4, 2021) -  Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company)" is pleased to announce the purchase of various producing royalty interests in (10) Horizontal oil and natural gas wells and one permitted well located in Upton County, Texas.The oil and natural gas wells are within the Spraberry field of the Permian Basin and have produced an average of approximately 10,243 barrels of oil per day ("BOPD") and 7,707 million cubic...

    2021-02-04 8:00 AM ET
  • Permex Petroleum Announces the Closing of Previously Announced Strategic Divestiture

    Vancouver, British Columbia--(Newsfile Corp. - December 22, 2020) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Corporation") is pleased to announce the closing of the previously announced Central Basin asset disposition. As disclosed in the Corporation's December 10, 2020 news release, Permex entered into a purchase and sale agreement for sale of its Central Basin property. The purchasers conducted their customary due diligence and successfully closed on the transaction. Permex will utilize the funds to...

    2020-12-22 3:00 PM ET
  • Permex Petroleum Announces Strategic Divestiture of Central Basin Property

    Vancouver, British Columbia--(Newsfile Corp. - December 10, 2020) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Corporation") is pleased to announce that it has entered into an agreement with an arm's-length Texas based, private oil and gas exploration and production company (the "Purchaser") to divest of the company's Central Basin property for an approximate gross transaction value of $1.31M USD in cash, prior to customary closing adjustments (the "Divestiture"). Pursuant to the agreement, which has...

    2020-12-10 9:00 AM ET
  • Permex Petroleum Corporation Confirms Extension and Sets Date of Annual General Meeting Due To Continuation of The COVID-19 Pandemic

    Vancouver, British Columbia--(Newsfile Corp. - November 13, 2020) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (the "Company") today announced that the Company's Annual General Meeting (AGM) originally to be held in December 2020 is being rescheduled to April 9, 2021 due to the continuing COVID-19 epidemic."Under the current assembly restrictions and circumstances, the attendance from management and shareholders would not be possible. Therefore, we are rescheduling the annual general meeting in the hope that it can be held...

    2020-11-13 7:00 AM ET
  • Permex Petroleum Corporation is Unaware of Any Material Change

    Vancouver, British Columbia--(Newsfile Corp. - April 23, 2020) - At the request of IIROC, Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (the "Company") 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 market activity.About Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) - www.permexpetroleum.com Permex Petroleum is a uniquely positioned junior Oil & Gas company with assets and operations across the Permian Basin...

    2020-04-23 3:18 PM ET
  • Permex Petroleum Corporation Changes Date of Annual General Meeting Due to COVID-19 Pandemic

    Vancouver, British Columbia--(Newsfile Corp. - April 9, 2020) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (the "Company") today announced that the Company's Annual General Meeting (AGM) originally scheduled for April 30, 2020 is being rescheduled due to the continuing COVID-19 epidemic."Under the current assembly restrictions and circumstances, the attendance from management and shareholders would not be possible. Therefore, we are rescheduling the annual general meeting in the hope that it can be held under more normal circumstances," says Mehran...

    2020-04-09 6:20 AM ET
  • Permex Petroleum Corporation Announces Addition to Board of Directors

    Vancouver, British Columbia--(Newsfile Corp. - March 16, 2020) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Corporation") is pleased to announce the appointment of an additional member to the Company's Board of Directors. Permex Petroleum is welcoming Greg Montgomery as the newest member of their Board of Directors.Mr. Montgomery has been an executive business consultant who has held the office of CFO for Oiltanking North America, Semarus Energy Advisors, Lion Copolymer, Coast Energy, Laser Midstream,...

    2020-03-16 6:20 AM ET