Permex Petroleum Corporation Announces Successful Completion of the Bullard Property Enhanced Oil Recovery Waterflood Modelling
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2018) - Permex Petroleum Corporation (CSE: OIL) ("Permex" or the "Company") announced today that it has completed Phase One of the Bullard Property Enhanced Oil Recovery ("EOR") Waterflood Modelling Project. The purpose of this report is to study the available production, injection and petrophysical data to determine how to optimize and restart this underperforming waterflood with the aim to rejuvenate and yield increased oil...
2018-09-06 7:30 AM EDT
Permex Petroleum Corporation Reports Production Increase from its Two Re-completed Wells and Results of its First Waterflood EOR
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2018) - Permex Petroleum Corporation (CSE: OIL) ("Permex" or the "Company)" is pleased to announce the successful results obtained from its first two ("Test well re-entries") and waterflood EOR on one of its properties located in Stonewall County, Texas. In July 2018 Permex began its first round of two pilot re-entry wells out of the 37 it now owns. The re-entry and re-stimulation involved the Bullard property targeting the Tannehill...
2018-08-28 7:30 AM EDT
Permex Petroleum Corporation Announces Appointment of Two Technical Team members to the Advisory Board
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2018) - Permex Petroleum Corporation (CSE: OIL) ("Permex" or the "Company") is pleased to announce two technical advisors to the board of advisory of the Corporation. The Board of Directors has nominated and approved two new Advisory Board Members: Peter Dorrins and Dianna Goldstein. Peter Dorrins is a professional Geologist and a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA). For the past 38...
2018-08-13 7:30 AM EDT