Permex Petroleum Corp: auditor change — Permex Petroleum: auditor switches to Marcum, 1:60 reverse split, well drilling successful

Permex Petroleum Corp

Davidson & Company LLP resigned as auditor; Marcum LLP appointed effective Oct 31, 2022; no disagreements reported.
Company approved 1-for-60 reverse stock split effective Nov 2, 2022; shares reduced from ~115.96M to ~1.93M.
Drilling of Eoff PPC #3 well completed; target depth 8,100 ft achieved; multiple zones found; casing run.
5 recompletions added 50 BOEPD initial, stabilized at 35 BOEPD; total production now 71 BOEPD.
Company has access to 62 shut-in wells that it plans to bring online.

item 4.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Davidson & Company LLP resigned as auditor of Permex Petroleum Corp.

Action: resignation
Auditor: Davidson & Company LLP

Exact text from the filing

On October 31, 2022, Davidson & Company LLP (“Davidson”), the independent registered public accounting firm of Permex Petroleum Corporation (the “Company”), resigned as the Company’s independent registered public accounting firm effective October 31, 2022.

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Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Permex Petroleum Corp engaged Marcum LLP as its auditor.

Action: engagement
Auditor: Marcum LLP

Exact text from the filing

On October 31, 2022, through and with the approval of its Audit Committee, the Company appointed Marcum LLP (“Marcum”) as its independent registered public accounting firm.

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Source: SEC EDGAR

accession 0001493152-22-030641

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