Permex Petroleum Corporation News Releases

Permex Petroleum Announces Receipt of Notice of Default from Debentureholders and Failure to File Annual Audited Financial Statements

Fri, 30 Jan 2026 19:12:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - January 30, 2026) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") has received a Notice of Default from the holders of its secured convertible debentures (the "Debentures") which were issued on November 1, 2024. The Debentures have an aggregate principal of $4,276,389 with interest accruing thereon at 10% per annum, and are secured by the Company's assets.In a letter dated January 28, 2026, Mr. Jeffrey E. Eberwein,...

Permex Petroleum Announces Resignation of President and CEO, Brad Taillon; Chairman of the Board, Richard Little, to Step in as Interim CEO

Mon, 12 Jan 2026 19:01:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - January 12, 2026) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is announcing the resignation of its President, CEO and Interim Chief Financial Officer, Brad Taillon, effective as of January 12th, 2026. Brad intends to remain involved with the Company to help ensure a smooth leadership transition process. The Company's Chairman, Richard Little, will replace Brad as Interim CEO and CFO as the Company continues to...

Permex Petroleum Corporation Announces Memorandum of Understanding to Potentially Fund up to $25 Million USD to Develop Core Permian Basin Assets

Mon, 08 Sep 2025 09:29:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - September 8, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company"), 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 (the "MOU") with Chisos Ltd. ("Chisos") to potentially fund up to US$25 million, in development capital from Chisos, a Houston-based private oil and gas operator and...

Permex Petroleum Corporation Announces Entry into Option Agreement for Right to Acquire Energy Producing Assets in Connection with Bitcoin Mining Strategy

Tue, 02 Sep 2025 09:29:00 -0400

Option agreement part of strategy to acquire undervalued gas producing assets that can be directly used to mine Bitcoin Vancouver, British Columbia--(Newsfile Corp. - September 2, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company"), 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 (the "Option Agreement") to purchase producing oil and natural gas...

Permex Petroleum Corporation Announces Strategic Relationship with 360 Energy to Collaborate on In-Field Computing Infrastructure to Develop Hydrocarbons and Cryptocurrency

Tue, 19 Aug 2025 09:29:00 -0400

Parties looking to collaborate to bring modular bitcoin mining to Permex's oil & gas operations, potentially transforming the economics of natural gas monetization Vancouver, British Columbia--(Newsfile Corp. - August 19, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company"), 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 ("LOI") with...

Permex Petroleum Announces Closing of US$2,000,000 Private Placement of Convertible Debentures

Fri, 11 Jul 2025 17:12:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - July 11, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to announce that, further to its press releases dated July 4, 2025, the Company has closed a private placement (the "Offering") of convertible debenture units of the Company (the "Units") 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...

Permex Petroleum Announces US$2,000,000 Private Placement of Convertible Debentures

Fri, 04 Jul 2025 07:30:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - July 4, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to announce a private placement (the "Offering") of convertible debenture units of the Company (the "Units") 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 (a "Debenture") in the principal amount of...

Permex Unaware of Any Material Change

Mon, 23 Jun 2025 17:17:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") at the request of the Canadian Investment Regulatory Organization (CIRO), 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...

Permex Announces Successful Initial Implementation of Operating Arrangement, Change of Officers

Thu, 08 May 2025 17:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") is pleased to provide an update to the operating arrangement (the "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...

Permex Enters Operating Arrangement with Private Permian Basin Operator

Mon, 13 Jan 2025 09:29:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - January 13, 2025) - Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") 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...