Permex Petroleum Corporation

Recent News

  • 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 throughout...

    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 lease and Erwin Eoff lease (the...

    2021-10-04 8:30 AM EDT
  • Permex Petroleum Corporation Signs Transformational LOI to Acquire a 7,800-Acre Oil & Gas Asset in the Permian Basin of West Texas

    Vancouver, British Columbia--(Newsfile Corp. - September 13, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Corporation"), a leading junior oil and gas company, has entered into a non-binding Letter of Intent ("LOI") with an arms-length third party independent seller(s), for the purchase of all the seller's rights, title, 3D seismic data and interests in their oil and gas assets located in Martin County, Texas. Under the terms of the LOI, the purchase price will be...

    2021-09-13 9:00 AM EDT
  • Permex Petroleum Announces Additional Oil and Natural Gas Royalty Acquisitions in Texas

    Vancouver, British Columbia--(Newsfile Corp. - June 23, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company"), announced today that it has closed on multiple non-operated royalty interest ("RI") acquisitions in 29 oil and gas wells located in the Permian Basin of west Texas, all of which have established long-term production.In addition to its own working interest ownership and operations across 4,000 acres in the Basin, Permex now holds royalty interests ownership in a total of 73...

    2021-06-23 8:00 AM EDT
  • Permex Petroleum Announces Application for DTC Eligibility for Its Shares on OTCQB Market

    Vancouver, British Columbia--(Newsfile Corp. - May 5, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Corporation") announces that it has submitted an application to The Depository Trust Company ("DTC") for its shares being traded on the OTC Markets. The Depository Trust Company, a subsidiary of the Depository Trust & Clearing Corporation DTCC, manages the electronic clearing and settlement of publicly traded companies. Securities eligible to be electronically cleared and settled through the DTC are considered "DTC eligible". The...

    2021-05-05 8:00 AM EDT
  • Permex Petroleum Announces Midland County, Permian Basin, Oil and Natural Gas Royalty Acquisition

    Vancouver, British Columbia--(Newsfile Corp. - April 20, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company") announced today that it has closed on an acquisition of a non-operated royalty interest ("RI") ownership in 11 horizontal oil and gas wells located in Midland, Texas. The wells are located in the Spraberry field in the Permian Basin of west Texas. Offset activity includes drilling and permitting by Occidental Petroleum and Matador Resources. The royalty purchase...

    2021-04-20 8:00 AM EDT
  • Permex Petroleum Corporation Announces Results of AGM

    Vancouver, British Columbia--(Newsfile Corp. - April 12, 2021) - Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company)", is pleased to announce the results of the Company's Annual General Meeting of Shareholders (the "Meeting") held in Vancouver, British Columbia on April 9, 2021.All of the matters presented to shareholders for consideration and approval in the Company's Management Information Circular were approved with near-unanimous support. A brief list of the most important items of business conducted at...

    2021-04-12 5:15 PM EDT