Permex Petroleum Corporation

Recent News

  • 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
  • Permex Petroleum Corporation Launches New Investor Relations Website

    Vancouver, British Columbia--(Newsfile Corp. - April 1, 2021) -  Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) ("Permex" or the "Company") today announced the official launch of its new investor relations website dedicated to providing timely company information to current and prospective investors. To access the new site, visit Permex's Website at www.permexpetroleum.com, and click on the "Investor Relations" tab directly located at the top right of the homepage. "The recent pandemic that we have all gone through has certainly...

    2021-04-01 8:00 AM EDT
  • Permex Petroleum Corporation Expands Its Oil and Natural Gas Royalty Acquisitions into the Permian Basin of New Mexico

    Vancouver, British Columbia--(Newsfile Corp. - March 16, 2021) - Permex Petroleum Corporation ("Permex" or the "Company)" (CSE: OIL) (OTCQB: OILCF) is pleased to announce the expansion of its royalty acquisitions program by purchasing producing royalty interests in (5) horizontal oil and natural gas wells plus four permitted wells located in Lea County, New Mexico.Major structural features in the

    2021-03-16 7:30 AM EDT
  • 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 EST
  • 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 EST