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Bullboard - Stock 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. It has assets and operations in the Permian Basin, which includes the Midland Basin and Delaware Basin. The Breedlove B Clearfork Leases 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 the Permian Basin.
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Bullboard (CSE:OIL)
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•••
PressRelease
X
Post by
PressRelease
on Nov 16, 2022 7:30am
New Press Release - Permex Petroleum Corporation Postpones Listing on NYSE American
DALLAS, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCD) (FSE: 75P) (“Permex” or the “Company”), an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties on private, state and...
read article.
(16)
•••
oldmilwaukee24
X
Post by
oldmilwaukee24
on Nov 11, 2022 10:54am
Steaming heap of you know what
Management has absolutely decimated this. Better hope this listing pays off. Violently abused longtime shareholders with this move. Clearly I'm not the only one with this opinion (see price action
...more
(1)
•••
Bigshortie
X
Comment by
Bigshortie
on Nov 10, 2022 3:05pm
RE:RE:RE:RE:re: Share consolidation
Yeah, it's good news.
(107)
•••
winr88
X
Comment by
winr88
on Nov 10, 2022 12:04pm
RE:RE:RE:re: Share consolidation
They are listed now on the NYSE American which has a Market cap requirement of only 4 million.
(0)
•••
PressRelease
X
Post by
PressRelease
on Nov 10, 2022 7:30am
New Press Release - Permex Petroleum Corporation Receives Approval to List on NYSE American
DALLAS, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCD) (FSE: 75P) (“Permex” or the “Company”), an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties on private, state and...
read article.
(1)
•••
Bigshortie
X
Comment by
Bigshortie
on Nov 09, 2022 1:12pm
RE:RE:re: Share consolidation
The market cap today is roughly $5.5 million, far below $40 million, and since the consolidation the share price is way below $4.
(107)
•••
winr88
X
Comment by
winr88
on Nov 09, 2022 8:08am
RE:re: Share consolidation
I heard Permex intended to list on the NYSE. To qualify for listing on the NYSE, a company must have at least 400 shareholders, with at least 1.1 million shares available to the public and a market
...more
(0)
•••
PressRelease
X
Post by
PressRelease
on Nov 02, 2022 9:29am
New Press Release - Permex Petroleum Successfully Completes Drilling Phase of its First Breedlove Oilfield Well
DALLAS, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) ("Permex" or the "Company"), a junior oil and gas company, is pleased to announce an update to its previous news release with respect to the drilling of the Eoff PPC #3 well on its...
read article.
(4)
•••
goldboyz2
X
Comment by
goldboyz2
on Oct 31, 2022 11:23pm
RE:re: Share consolidation
1/60 ouch!! Merry christmas GB
(0)
•••
PressRelease
X
Post by
PressRelease
on Oct 31, 2022 4:00pm
New Press Release - CSE Bulletin: Consolidation - Permex Petroleum Corporation (OIL)
Toronto, Ontario--(Newsfile Corp. - Le 31 octobre/October 2022) - Permex Petroleum Corporation has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every sixty (60) pre-consolidated common shares. As a result, the...
read article.
(1)
•••
Bigshortie
X
Post by
Bigshortie
on Oct 31, 2022 3:20pm
re: Share consolidation
Being done for Nasdaq uplisting if anyone is wondering. I believe shares must be greater than $5.
(0)
•••
PressRelease
X
Post by
PressRelease
on Oct 31, 2022 1:34pm
New Press Release - Permex Petroleum Corporation to Consolidate its Common Shares
DALLAS, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) (“Permex" or the “Company”) announces that the Company will be consolidating all of its issued and outstanding common shares (the "Shares") on the basis of one (1) post-consolidated Share...
read article.
(1)
•••
Bigshortie
X
Comment by
Bigshortie
on Oct 27, 2022 7:47pm
RE:RE:RE:RE:RE:RE:RE:Drilling started
that's what they're using to drill the two wells. They will issue more shares at that point too, I believe there's warrants just for that reason around the $0.20 - $0.25 mark. Once the
...more
(4)
•••
goldboyz2
X
Comment by
goldboyz2
on Oct 27, 2022 4:41pm
RE:RE:RE:RE:RE:RE:Drilling started
May 31 2022 Completed a brokered private placement for gross proceeds of approximately CAD$9.4 million Where is all the money...... almost 10 mill and production is minimal ?
(4)
•••
goldboyz2
X
Comment by
goldboyz2
on Oct 27, 2022 4:03pm
RE:RE:RE:RE:RE:Drilling started
Nvm missed the NR saying they started spudding mid september. 60 days to complete vertical and 90 for horizontel section. GB
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