Permex Petroleum Corp.

Permex Petroleum Corp. , a leading junior oil and gas company, today announced that management will participate in the Noble Capital Markets' 18th Annual Investor Conference taking place April 19-21, 2022, at the Hard Rock Hotel & Casino in Hollywood, Florida, as well as the Taglich Brothers 18th Annual Investment Conference on May 2, 2022, at the TWA Hotel in New York City. Mehran Ehsan, Chief Executive Officer of Permex [...]

Permex Petroleum Corp. , a leading junior oil and gas company, announced the successful results obtained from the recompletion of a previously shut-in oil well on its West Henshaw property in Eddy County, New Mexico. The results are from well #6-10 on the West Henshaw property, which is one of the 69 shut-in wells Permex currently owns, and represent the second successful well recompletion by the Company this year. The [...]

Permex Petroleum Corp. , a uniquely positioned junior oil & gas company with assets and operations across the Permian Basin of West Texas and the Delaware Sub-Basin of New Mexico, announced the closing of a brokered private placement of 47,128,625 units at a price of USD $0.16 per unit for gross proceeds of approximately USD $7.5 million before deducting the placement agent's fees and other estimated fees and expenses [...]

Approval Streamlines Settlement Process for Broadened Range of Investors and Brokers in the U.S. Permex Petroleum Corp. , a leading junior oil and gas company, announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company in the United States. Securities approved for eligibility for electronic clearance and settlement through DTC are considered "DTC [...]

Permex Petroleum Corp. , a leading junior oil and gas company, announced the successful results obtained from the recompletion of a previously shut-in oil well on its West Henshaw property in Eddy County, New Mexico. In January 2022, Permex began the pilot re-entry on the West Henshaw well #15-3, one out of the 69 shut-in wells it currently owns. The re-entry and re-stimulation involved the West Henshaw property targeting [...]

Permex Petroleum Corp. , a leading junior oil and gas company, today issued a letter to shareholders from its President & CEO, Mehran Ehsan. Dear Fellow Shareholders, 2021 was a transformational year for Permex, building the foundation for success in 2022 and beyond as we advance our evolving position within the North American oil and gas market. Throughout the year we continued to focus on acquiring unique assets at an [...]

Shares Commenced Trading on the Frankfurt Stock Exchange Permex Petroleum Corp. , a leading junior oil and gas company, today provided an update on its operations and capital markets initiatives. Commencement of New Projects In December 2021, Permex began re-entry and recompletion of two saltwater disposal wells in the Company's Clearfork Area in Stonewall County, Texas. These new saltwater disposal wells and associated [...]

Independent Evaluation Provides Estimated Total Proved & Probable Reserves Hold a Net Present Value of $289.3 million, Representing an Increase of 320% Year-over-Year Permex Petroleum Corp. , a leading junior oil and gas company, has completed its independent reserve evaluation, including its newly acquired Breedlove "B" Clearfork Asset, effective September 1, 2021, in compliance with National Instrument 51-101 [...]

Permex Petroleum Corp. , a leading junior oil and gas company, will host a virtual roadshow on Tuesday, November 30, 2021, at 11:30 a.m. Eastern Time. Mehran Ehsan, President and CEO of Permex, will present an overview of the Company's recent operational progress, growth initiatives, and strategic vision. The webinar will be accompanied by a presentation and followed by a question-and-answer session, which can be accessed [...]

Permex Petroleum Corp. , a leading junior oil and gas company, today announced that due to greater demand for the offering, it has increased the total number of Units offered under its previously announced non-brokered private placement. At the closing, the Company issued 2,647,037 Units for aggregate gross proceeds of C$714,700. Each Unit is comprised of one common share and one-half of one common share purchase warrant [...]