Permex Petroleum Corporation

Recent News

Permex Petroleum Announces Resignation of President and CEO, Brad Taillon; Chairman of the Board, Richard Little, to Step in as Interim CEO

Vancouver, British Columbia--(Newsfile Corp. - January 12, 2026) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is announcing the resignation of its President, CEO and Interim Chief Financial Officer, Brad Taillon, effective as of January 12th, 2026. Brad intends to remain involved with the Company to help ensure a smooth leadership transition process. The Company's Chairman, Richard Little, will replace Brad as Interim CEO and CFO as the Company continues to...

2026-01-12 7:01 PM EST

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...

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...

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,...

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...

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...

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...

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...

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...

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...

2024-12-30 5:00 PM EST

Permex Petroleum Provides Corporate Update

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 management's current outlook to supplement Permex's recent disclosures with the United States Securities and Exchange Commission (the "SEC") and the Canadian se

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...

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...

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...

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...

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...

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...

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...

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...

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...

2024-04-16 3:50 PM EDT

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