Permex Petroleum Corp. , a publicly traded oil and gas exploration and production company with assets in the Permian Basin, is pleased to announce it has entered into a non-binding Memorandum of Understanding with Chisos Ltd. to potentially fund up to US$25 million, in development capital from Chisos, a Houston-based private oil and gas operator and non-operated interest partner with interests across the United States [...]
Option agreement part of strategy to acquire undervalued gas producing assets that can be directly used to mine Bitcoin Permex Petroleum Corp. , a publicly traded oil and gas exploration and production company with assets in the Permian Basin, is pleased to announce it has entered into an option agreement to purchase producing oil and natural gas wells from an ownership group including Navidad Petroleum and TMR [...]
Parties looking to collaborate to bring modular bitcoin mining to Permex's oil & gas operations, potentially transforming the economics of natural gas monetization Permex Petroleum Corp. , a publicly traded oil and gas exploration and production company with assets in the Permian Basin, is pleased to announce it has entered into a non-binding Letter of Intent with Texas-based 360 Energy, Inc. . 360 Energy is a [...]
Permex Petroleum Corp. is pleased to announce that, further to its press releases dated July 4, 2025, the Company has closed a private placement of convertible debenture units of the Company for gross proceeds of US$2,000,000. Pursuant to the Offering, the Company issued 2,000 Units to a single arm's length subscriber, with each Unit consisting of one convertible debenture in the principal amount of US$1,000 and 393 [...]
Permex Petroleum Corp. is pleased to announce a private placement of convertible debenture units of the Company for gross proceeds of US$2,000,000. Pursuant to the Offering, the Company will issue 2,000 Units to a single arm's length subscriber, with each Unit consisting of one convertible debenture in the principal amount of US$1,000 and 393 common share purchase warrants . Each Warrant is exercisable for a period of [...]
Permex Petroleum Corp. at the request of the Canadian Investment Regulatory Organization , wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in share price and trading activity. The Company continues to execute on its previously announced business plans and will keep the market informed of any material developments as [...]
Permex Petroleum Corp. is pleased to provide an update to the operating arrangement with a private oil and gas operator in the Permian Basin previously announced on January 13th, 2025. The Company has started production on all of the wells subject to the Arrangement and initial production results have met the expectations of management. "We are very pleased with how the operations under the Arrangement have gone since its [...]
Permex Petroleum Corp. is pleased to announce that the Company has entered into an arrangement with a private oil and gas operator concerning assets owned by such operator in the Permian Basin. This arrangement grants Permex operating rights over 19 wells in the Permian Basin in exchange for a monthly operating fee of up to $75,000 USD per month based on production volumes and commodity prices. "Permex is very excited to [...]
Permex Petroleum Corp. is pleased to announce that the Company's Board of Directors has approved the appointment of BaShara Crystelle Boyd to serve on the Board effective December 23rd, 2024. In addition, the Company has confirmed Richard Little as Non-Executive Chairman of the Board. "Permex is very fortunate to have Richard leading our Board of Directors. His experience as the Chief Executive of both private and public [...]
New management and Board of Director leadership puts operations back on track Since April 2024, approximately US$4.2mm in new capital raised Production back online at Breedlove asset; on pace to exceed previous production rates Compliant with reporting requirements in both Canada and the United States for the first time since summer of 2023. Permex Petroleum Corp. is pleased to provide a summary of recent developments as [...]
Permex Petroleum Corp. is pleased to announce that on November 1, 2024 the Company closed the first tranche of its previously announced private placement of convertible debenture units of the Company for gross proceeds of US$4,276,389. The terms of the Offering were announced by the Company on September 9, 2024 and September 18, 2024. Pursuant to the First Tranche, the Company issued 4,276 Units, with each Unit consisting [...]
Permex Petroleum Corp. is pleased to announce today that, further to its news release on September 9, 2024, the Company is repricing its previously announced non-brokered private placement of up to 18,635 convertible debenture units of the Company . Each Unit consists of one convertible debenture in the principal amount of US$1,000 and 523 common share purchase warrants . Each Warrant is exercisable for a period of five [...]
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