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Permex Petroleum Corp C.OIL

Alternate Symbol(s):  OILCF

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 Leases are situated in Stonewall County. Stonewall County is in Northwest Texas, in the central part of the North Central Plains and consists of the Pittcock North property, the Pittcock South property and the Windy Jones Property. The Mary Bullard Property is located in Stonewall County. The West Henshaw Property is located in Eddy County, New Mexico, 12 miles northeast of Loco Hills in the Delaware basin. The Oxy Yates Property is located in Eddy County. The Company, through its wholly owned subsidiary, Permex Petroleum US Corporation, which owns and operates on private, state and federal land.


CSE:OIL - Post by User

Comment by DirkDigleron Mar 09, 2021 4:23am
323 Views
Post# 32750112

RE:in 2018 this company was at .60 cents oil prices 72$

RE:in 2018 this company was at .60 cents oil prices 72$
Diomio wrote: we are now at 62$.... they will report profits soon enough! plus they have no debt !



Previous to Permex it appears they tried privately with kentucky petroleum limited partnership with out success much the same operations they are doing with permex.

Why would people give them money with a history of only losing money and trying not to pay creditors back?


https://www.pacermonitor.com/public/case/8408494/Kentucky_Petroleum_Limited_Partnership

https://www.rendigs.com/wp-content/uploads/2015/08/August-2015-Legal-update.pdf

https://www.gpo.gov/fdsys/pkg/USCOURTS-kyed-6_12-cv-00164/pdf/USCOURTS-kyed-6_12-cv-00164-3.pdf
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