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Permex Petroleum Corporation C.OIL

Alternate Symbol(s):  OILCF

Energy Oil & Gas E&P
Permex Petroleum Corporation, an independent energy company, acquires, explores for, develops, and produces oil and gas properties on private, state, and federal land in the United States. Its oil and natural gas properties located within the Permian Basin region of West Texas and Southeast New Mexico that includes the Midland and Delaware Basins, as well as the Central Basin Platform. Permex Petroleum Corporation was incorporated in 2017 and is headquartered in Houston, Texas.


CSE:OIL - Post by User

Permex Petroleum Corporation
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  • BigshortieX
Comment by Bigshortieon May 10, 2022 1:05pm
135 Views
Post# 34670928

RE:RE:RE:11000' drilling permit!

RE:RE:RE:11000' drilling permit!yeah, this is amazing. the fact that this is traded on CSX/OTC is the only reason it's cheap right now. that's the opportunity. I'm trying to discover what to expect from a conventional well this deep. the plan is definitely to drill these 2 wells, establish some cash flow, then either drill more or do some lateral legs (expensive but damn worth it). so do we expect 100 barrels a day out of each of these for now? more/less? if this gets rolling it's a $10 stock.
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