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Permex Petroleum Corporation C.OIL

Alternate Symbol(s):  OILCF

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

Comment by nozzpackon May 31, 2022 9:53am
131 Views
Post# 34719698

RE:West Texas Internediate hits $145 CAD per Barrel

RE:West Texas Internediate hits $145 CAD per Barrel
Management continued its optimization, stimulation and rework of its shut-in wells located in both Texas and New Mexico.

Currently the Henshaw Premier Unit and Oxy Yates properties are being reworked with an estimated 5 addition wells combined to be brought online by the second week of June.

Furthermore, management has begun its permitting process of drilling two wells on its flagship property located in the Breedlove “B” field of Martin County, Texas.
 
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