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Permex Petroleum using waterflood program to increase production at Bullard Project

Permex Petroleum (CSE:OIL) CEO Mehran Ehsan dropped in to the Vancouver studio of Proactive Investors to talk about a change at the companies Bullard Property. Ehsan says they are going to use a waterflood program to dramatically  increase the amount of oil they are bring to the surface.

Ehsan also talk about how this small project will have a major impact on Permex's overall portfolio. 

Quick facts: Permex Petroleum Corporation

Price: 0.08 CAD

CSE:OIL
Market: CSE
Market Cap: $3.2 m
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Permex Petroleum Corp getting ready for major work on oil projects in Texas

Permex Petroleum Corp (OTCQB:OILCF) (CSE:OIL) CEO Mehran Ehsan updates Proactive Investors' Steve Darling at the 9th Annual LD Micro Invitational Investor Conference in Los Angeles, CA.

on 4/6/19

2 min read