Permex Petroleum Corp.

Renowned Industry Veterans, Including Former President and CEO of Gulf Canada Resources Ltd., Collectively Bring Over 90 Years of International Oil and Gas Experience to Company's Leadership Team Permex Petroleum Corp. , a leading junior oil and gas company, today appointed John Perry Bryan, Jr. and John James Lendrum, III to its Board of Directors . Mr. Bryan joins Permex with more than 50 years of management experience [...]

Permex Petroleum Corp. , a leading junior oil and gas company, announced that pursuant to the Company's Stock Option 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 options are subject to the approval of the Canadian Securities [...]

Transaction Nearly Triples Permex's Footprint of Held by Production Assets to ~12,000 Acres Permex Petroleum Corp. , a leading junior oil and gas company, has entered into a definitive Purchase and Sale Agreement with Pratt Oil Company, LLC, Rockport Permian, LLC and Petro America Resources, LLC for the purchase of all the Seller's rights, title and interest in the Mabee Breedlove Clearfork Unit, Mallard Breedlove lease [...]

Permex Petroleum Corp. , a leading junior oil and gas company, has entered into a non-binding Letter of Intent with an arms-length third party independent seller, 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 for USD $2.0 million in an all-stock transaction. Pursuant to [...]

Permex Petroleum Corp. , announced today that it has closed on multiple non-operated royalty interest 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 wells and 5 permitted wells [...]

Permex Petroleum Corp. announces that it has submitted an application to The Depository Trust Company 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 [...]

Permex Petroleum Corp. announced today that it has closed on an acquisition of a non-operated royalty interest 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 applies to existing production and future [...]

Permex Petroleum Corp. ", is pleased to announce the results of the Company's Annual General Meeting of Shareholders 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 the Meeting is as [...]

Permex Petroleum Corp. 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 changed [...]

Permex Petroleum Corp. " is pleased to announce the expansion of its royalty acquisitions program by purchasing producing royalty interests in horizontal oil and natural gas wells plus four permitted wells located in Lea County, New Mexico. Major structural features in the region of Permian Basin Source: U.S Information Administration To view an enhanced version of this graphic, please visit [...]