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. It has assets and operations in the Permian Basin which includes the Midland Basin and Delaware Basin. The Breedlove B Clearfork properties are situated in Martin County, Texas. The Pittcock Leases are situated in Stonewall County in Northwest Texas, located 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. It holds royalty interests in 73 producing oil and gas wells and five permitted wells across 3,800 acres within the Permian Basin of Texas and southeast New Mexico.

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Permex Petroleum Corp > Drilling in 2022

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Comment by Bigshortieon May 07, 2022 4:51pm

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RE:Drilling in 2022

2 wells and the ones coming online should see revenue of $5.9m this year. I'm assuming year end is September? that's not bad at all considering thats only a couple of wells online for a few months. next year is the big year though. hopefully we're at several 1000 bopd.

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