OILCD
Permex Petroleum CorporationExplain this page
Arphra AIPlain-English read on Permex Petroleum Corporation’s valuationPermex Petroleum Corporation
Permex Petroleum Corporation functions as a burgeoning oil and gas enterprise, specializing in the procurement, exploration, and extraction of hydrocarbon assets throughout the United States. The company's property portfolio features significant interests such as the 320-acre Pittcock North and 498-acre Pittcock South sites, both situated on the Eastern Shelf of the Midland Basin. Additional holdings encompass the 241-acre Mary Bullard property in Stonewall County and the 40-acre Windy Jones property. Furthermore, Permex possesses interests in New Mexico, including the 1,880-acre West Henshaw property and the 680-acre Oxy Yates property, both located in Eddy County. Its Texas assets also include a substantial stake in the Breedlove field, covering 7,741.67 acres in Martin County. Beyond its directly owned properties, the company earns royalty income from 73 operational wells and 5 wells approved for future development, distributed across a 3,800-acre tract within the vast Permian Basin of West Texas and southeastern New Mexico. Permex Petroleum Corporation, founded in 2017, has its main office situated in Vancouver, Canada.
- OILCFPrimaryOTCUSD$1.8M
- OILCDOTCUSD$0
- OIL.CNCNQCAD—