secwatch.observer — SEC 8-K summary
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Issuer:     Permex Petroleum Corp (—)
CIK:        0001922639
Form:       8-K
Filed at:   2022-11-04T23:59:59+00:00
Accession:  0001493152-22-030641
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 4.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permex Petroleum: auditor switches to Marcum, 1:60 reverse split, well drilling successful
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1922639/000149315222030641/0001493152-22-030641-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1922639/000149315222030641/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-030641

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