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

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Post by hintonkidon Apr 10, 2023 1:56pm

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Post# 35387022

Exxon Mobile buying Pioneer Corporation

BNN Bloomberg just announced that Exxon Mobie Corporation is buying Pioneer Corporation, one of the largest players in the Permian Basin. Will other players start to take a serious look at smaller players such as Permex Petroleum in lrder to expand their operations and reserves in the Permian in order to get in before Exxon gobbles up more reserves and real estate in the Permian? THings could be heating up again in the Basin as speculators take an interest.

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Osisko Development receives permits for Cariboo Gold Project