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A junior oil & gas co. with a focus on combining low cost producing oil & natural gas assets for sustainable growth with Blue Sky projects in the Permian Basin of West Texas & New Mexico.




 

Bullboard - Investor Discussion Forum Permex Petroleum Corp C.OIL

Alternate Symbol(s):  OILCF

Energy Oil & Gas E&P
Permex Petroleum Corporation is a junior oil and gas company. The Company is engaged in the acquisition, exploration, development and production of oil and gas properties in the United States. The Company has assets and operations in the Permian Basin of West Texas and the Delaware Sub-Basin of New Mexico. The Breedlove B Clearfork properties are situated in Martin County, Texas. The Pittcock... see more

Bullboard (CSE:OIL)

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Post by nozzpackon Apr 24, 2022 9:14am

Production Profile from Recompletions of NM Shut in Wells

Initial production will be sourced from mature, long life  shut in wells from the Grayburg formation of New Mexico. Historical recovery rates of 12% means that 88% of  reservoir oil remains ...more  
158
Discussion
Post by nozzpackon Apr 24, 2022 8:27am

Permian Basin Good Place to Be

Stretching across West Texas and southeast New Mexico, the Permian Basin is now the largest oil-producing field in the world, with daily production of more than 4.3 million barrels of oil and 14 ...more  
135
Post by nozzpackon Apr 23, 2022 8:42am

Brutally undervalued…and Substantial Upside Explained

Mehran Ehsan, Chief Executive Officer of Permex Petroleum, is scheduled to host a presentation at both conferences as follows: Noble Capital Markets - NobleCon18  Date: Thursday, April 21 ...more  
168
Post by nozzpackon Apr 22, 2022 2:18pm

Brutally Undervalued

    2021-11-30 19:44 ET - News Release   Mr. Mehran Ehsan reports PERMEX PETROLEUM CORPORATION CONFIRMS 24.5 MILLION BARRELS OF OIL EQUIVALENT OF RESERVES ON ITS PERMIAN BASIN ...more  
110
Post by Clapyourcheekson Apr 02, 2022 2:54pm

Alert!! Undervalued!!$$$$$&!!$$

https://www.google.com/finance/quote/PTC:CVE?hl=en
137
Comment by oldmilwaukee24on Apr 01, 2022 1:12pm

RE:Where are the shareholders?

Quite possibly just the calm before the storm. This company looks like it is ready to take it to the next level. When you look at uplist, raising money in this environment, their balance sheet, and ...more  
138
Discussion
Post by Devil666on Mar 18, 2022 8:34am

Where are the shareholders?

Am i alone here...no comments from anybody...strange...
136
Discussion
Comment by 13X2413on Mar 09, 2022 10:26am

RE:Oils well that ends well

Woke me up. I should have stayed in bed. #%+=!!
122
Discussion
Post by SCARSURFING on Mar 07, 2022 10:59am

Finally Moving up!

Was hanging around .20 cents too long.
126
Post by hintonkidon Feb 12, 2022 10:54pm

Oil major selling it's assets in the Permian.

Rumor has it that , if I remember rightly, Chevron, is looking to sell off it's assets in the Permian.   If this is indeed so, then, maybe Permex might be able to pick up, at least one ...more  
456
Post by mac81on Jan 19, 2022 4:26pm

Oils well that ends well

The price of oil is going up practically every day. Permex just sits there like a lump. There's some kind of disconnect here, but you have to figure it can't last. Maybe $100 oil will wake ...more  
270
Discussion
Comment by iClosemon Jan 15, 2022 7:35am

RE:Confirms 24.5 Million Barrels of Oil Equivalent of Reserves

Why is thing at .20?  The market hasn't recognized value?
115
Discussion
Post by Betteryear2on Nov 30, 2021 7:48pm

Confirms 24.5 Million Barrels of Oil Equivalent of Reserves

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 Vancouver, British Columbia ...more  
352
Discussion
Post by jasangheraon Nov 03, 2021 5:47pm

oil

https://stockhouse.com/news/press-releases/2021/11/03/permex-petroleum-corporation-announces-closing-of-over-subscribed-private
147
Post by billybob22on Nov 03, 2021 1:34pm

All Hype

What happed here, all the hype gone after a few days, come on
103
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Investor Presentation

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Investment Opportunity


Targeted Oil & Gas Development and Producing Assets - Largest Petro Producing Basin in U.S.

Acquired Assets at a Discount during the Downcycle

Increased 2P Reserves from 9.5m BOE1 in Sep 2020 to 24.5 BOE (~ USD $285 PV-10 @ $65/BOE) in Nov 2021

Mix of Low-Cost Development Assets for Sustainable Growth + Blue Sky Projects for Scale Growth

Well Positioned for Next Growth Phase


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for Investor Relations, please contact:

Dave Gentry
RedChip Companies Inc.
+1-800-RED-CHIP (733-2447)
Or +1 407-491-4498
OILCF@redchip.com