$OILCF
Permex Petroleum Corp Stock $oilcf

$oilcf Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 10-Q Financial Statement

#000149315223006456 Filed on March 01, 2023

Income Statement

Concept	2023 Q1	2022 Q4	2022 Q3
Revenue	$171.0K	$213.8K	$253.4K
YoY Change	-43.96%	59.38%	325.45%
Cost Of Revenue	$234.5K	$292.7K	$496.9K
YoY Change	61.52%	183.71%	928.25%
Gross Profit	-$53.84K	-$70.74K	-$243.5K
YoY Change	-133.66%	-328.49%	-2265.93%
Gross Profit Margin	-31.49%	-33.09%	-96.07%
Selling, General & Admin	$1.011M	$1.215M	$729.4K
YoY Change	299.36%	21.24%	307.41%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$42.98K	$40.20K	-$56.49K
YoY Change	-50.28%	-27.01%	-189.34%
% of Gross Profit
Operating Expenses	$1.297M	$1.559M	$703.2K
YoY Change	270.73%	46.04%	185.92%
Operating Profit	-$1.116M	-$1.337M	-$946.6K
YoY Change	487.81%	29.0%	303.34%
Interest Expense	$1.182K	$1.182K	-$3.740K
YoY Change	-105.48%	-185.04%	-127.6%
% of Operating Profit
Other Income/Expense, Net	$5.100K	$28.15K	$33.64K
YoY Change	-76.88%	20008.57%	941.49%
Pretax Income	-$1.111M	-$1.309M	-$916.8K
YoY Change	486.7%	26.13%	-7.81%
Income Tax
% Of Pretax Income
Net Earnings	-$1.111M	-$1.309M	-$916.8K
YoY Change	486.7%	26.13%	-7.81%
Net Earnings / Revenue	-649.94%	-612.48%	-361.81%
Basic Earnings Per Share	-$0.57	-$0.68
Diluted Earnings Per Share	-$0.58	-$0.68	-$0.47
COMMON SHARES
Basic Shares Outstanding	1.933M shares	1.933M shares	116.0M shares
Diluted Shares Outstanding	483.2K shares	483.2K shares

Balance Sheet

Concept	2023 Q1	2022 Q4	2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments		$1.694M	$3.301M
YoY Change		456.98%	9965.57%
Cash & Equivalents	$176.4K	$1.694M	$3.300M
Short-Term Investments
Other Short-Term Assets		$205.0K	$317.3K
YoY Change		229.09%	439.87%
Inventory
Prepaid Expenses
Receivables		$185.5K	$137.2K
Other Receivables		$0.00	$0.00
Total Short-Term Assets	$511.9K	$2.084M	$3.755M
YoY Change	-94.11%	290.86%	4320.7%
LONG-TERM ASSETS
Property, Plant & Equipment	$10.31M	$9.875M	$8.427M
YoY Change	2.86%	-2.13%	7.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets		$145.0K	$145.0K
YoY Change		-21.26%	-21.26%
Total Long-Term Assets	$10.64M	$10.23M	$8.813M
YoY Change	4.31%	-0.4%	9.29%
TOTAL ASSETS
Total Short-Term Assets	$511.9K	$2.084M	$3.755M
Total Long-Term Assets	$10.64M	$10.23M	$8.813M
Total Assets	$11.15M	$12.32M	$12.57M
YoY Change	-40.97%	13.97%	54.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$2.699M	$1.561M
YoY Change		472.94%	204.17%
Accrued Expenses		$91.67K	$104.2K
YoY Change		358.35%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00	$0.00
YoY Change
Long-Term Debt Due			$38.29K
YoY Change			-76.56%
Total Short-Term Liabilities	$2.746M	$2.791M	$1.704M
YoY Change	208.66%	277.82%	209.75%
LONG-TERM LIABILITIES
Long-Term Debt		$0.00	$0.00
YoY Change		-100.0%	-100.0%
Other Long-Term Liabilities		$371.4K	$400.6K
YoY Change		-82.14%	-80.64%
Total Long-Term Liabilities		$371.4K	$400.6K
YoY Change		-82.64%	-81.31%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.746M	$2.791M	$1.704M
Total Long-Term Liabilities		$371.4K	$400.6K
Total Liabilities	$3.111M	$3.162M	$2.104M
YoY Change	3.39%	9.88%	-5.88%
SHAREHOLDERS EQUITY
Retained Earnings	-$10.68M	-$9.570M	-$8.260M
YoY Change			55.31%
Common Stock	$14.34M	$14.34M	$14.34M
YoY Change			59.72%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$8.043M	$9.154M	$10.46M
YoY Change
Total Liabilities & Shareholders Equity	$11.15M	$12.32M	$12.57M
YoY Change	-40.97%	13.97%	54.23%

Cashflow Statement

Concept	2023 Q1	2022 Q4	2022 Q3
OPERATING ACTIVITIES
Net Income	-$1.111M	-$1.309M	-$916.8K
YoY Change	486.7%	26.13%	-7.81%
Depreciation, Depletion And Amortization	$42.98K	$40.20K	-$56.49K
YoY Change	-50.28%	-27.01%	-189.34%
Cash From Operating Activities	-$1.214M	-$703.5K	-$549.1K
YoY Change	-1398.82%	87.86%	556.24%
INVESTING ACTIVITIES
Capital Expenditures	$303.2K	$865.1K	$1.484M
YoY Change	-450.39%	-8028.96%	-789.31%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$303.2K	-$865.0K	-$1.484M
YoY Change	191.33%	2941.66%	14009.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	0.000	-$38.29K	-32.91K
YoY Change	-100.0%	-105.68%	-116.9%
NET CHANGE
Cash From Operating Activities	-1.214M	-$703.5K	-549.1K
Cash From Investing Activities	-303.2K	-$865.0K	-1.484M
Cash From Financing Activities	0.000	-$38.29K	-32.91K
Net Change In Cash	-1.517M	-$1.607M	-2.066M
YoY Change	-118.72%	-692.29%	-2156.01%
FREE CASH FLOW
Cash From Operating Activities	-$1.214M	-$703.5K	-$549.1K
Capital Expenditures	$303.2K	$865.1K	$1.484M
Free Cash Flow	-$1.517M	-$1.569M	-$2.033M
YoY Change	-942.94%	331.43%	-1644.42%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q4	dei	Entity Central Index Key EntityCentralIndexKey	0001922639
CY2022Q4	dei	Amendment Flag AmendmentFlag	false
CY2022Q4	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q4	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2022Q4	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
CY2021Q4	us-gaap	Other Income OtherIncome		usd
CY2022Q4	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized		usd
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization		usd
CY2022Q4	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement		usd
CY2022Q4	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts		usd
CY2021Q4	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt		usd
CY2022Q4	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt		usd
CY2022Q4	OILCF	Share Purchase Warrants Issued In Connection With Private Placements SharePurchaseWarrantsIssuedInConnectionWithPrivatePlacements		usd
CY2021Q4	us-gaap	Interest Paid Net InterestPaidNet		usd
CY2022Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross		usd
CY2022Q4	us-gaap	Payments For Rent PaymentsForRent		usd
CY2022Q4	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate		usd
CY2022Q4	us-gaap	Common Stock Shares Authorized Unlimited CommonStockSharesAuthorizedUnlimited	Unlimited
CY2022	us-gaap	Common Stock Shares Authorized Unlimited CommonStockSharesAuthorizedUnlimited	Unlimited
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue		usd
CY2022Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue		usd
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate		pure
CY2022Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate		pure
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate		pure
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate		pure
CY2022Q4	us-gaap	Share Price SharePrice
CY2022Q4	dei	Document Type DocumentType	10-Q
CY2022Q4	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2022Q4	dei	Document Period End Date DocumentPeriodEndDate	2022-12-31
CY2022Q4	dei	Document Transition Report DocumentTransitionReport	false
CY2022Q4	dei	Entity File Number EntityFileNumber	000-41558
CY2022Q4	dei	Entity Registrant Name EntityRegistrantName	Permex Petroleum Corporation
CY2022Q4	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	A1
CY2022Q4	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	98-1384682
CY2022Q4	dei	Entity Address Address Line1 EntityAddressAddressLine1	2911 Turtle Creek Blvd.
CY2022Q4	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 925
CY2022Q4	dei	Entity Address City Or Town EntityAddressCityOrTown	Dallas
CY2022Q4	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2022Q4	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	75219
CY2022Q4	dei	City Area Code CityAreaCode	(469)
CY2022Q4	dei	Local Phone Number LocalPhoneNumber	804-1306
CY2022Q4	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022Q4	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022Q4	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2022Q4	dei	Entity Small Business EntitySmallBusiness	true
CY2022Q4	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2022Q4	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2022Q4	dei	Entity Shell Company EntityShellCompany	false
CY2023Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	1932604	shares
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1693664	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3300495	usd
CY2022Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	185466	usd
CY2022Q3	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	137214	usd
CY2022Q4	OILCF	Prepaid Expenses And Deposits Current PrepaidExpensesAndDepositsCurrent	204958	usd
CY2022Q3	OILCF	Prepaid Expenses And Deposits Current PrepaidExpensesAndDepositsCurrent	317277	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	2084088	usd
CY2022Q3	us-gaap	Assets Current AssetsCurrent	3754986	usd
CY2022Q4	OILCF	Reclamation Deposits ReclamationDeposits	145000	usd
CY2022Q3	OILCF	Reclamation Deposits ReclamationDeposits	145000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9874776	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8426776	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	212486	usd
CY2022Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	240796	usd
CY2022Q4	us-gaap	Assets Assets	12316350	usd
CY2022Q3	us-gaap	Assets Assets	12567558	usd
CY2022Q4	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	2699225	usd
CY2022Q3	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	1561344	usd
CY2022Q3	us-gaap	Convertible Debt Current ConvertibleDebtCurrent	38291	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	91665	usd
CY2022Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	104224	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2790890	usd
CY2022Q3	us-gaap	Liabilities Current LiabilitiesCurrent	1703859	usd
CY2022Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	244406	usd
CY2022Q3	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	236412	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	126799	usd
CY2022Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	140682	usd
CY2022Q4	OILCF	Warrant Liability Noncurrent WarrantLiabilityNoncurrent	166	usd
CY2022Q3	OILCF	Warrant Liability Noncurrent WarrantLiabilityNoncurrent	23500	usd
CY2022Q4	us-gaap	Liabilities Liabilities	3162261	usd
CY2022Q3	us-gaap	Liabilities Liabilities	2104453	usd
CY2022Q4	us-gaap	Common Stock No Par Value CommonStockNoParValue	0
CY2022Q3	us-gaap	Common Stock No Par Value CommonStockNoParValue	0
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	14337739	usd
CY2022Q3	us-gaap	Common Stock Value CommonStockValue	14337739	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	4513369	usd
CY2022Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	4513194	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-127413	usd
CY2022Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-127413	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-9569606	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-8260415	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	9154089	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	10463105	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	12316350	usd
CY2022Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	12567558	usd
CY2022Q4	us-gaap	Stockholders Equity Reverse Stock Split StockholdersEquityReverseStockSplit	60:1 reverse stock split
CY2022	us-gaap	Stockholders Equity Reverse Stock Split StockholdersEquityReverseStockSplit	60:1 reverse stock split
CY2022Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	213754	usd
CY2021Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	89990	usd
CY2022Q4	us-gaap	Revenue Not From Contract With Customer Excluding Interest Income RevenueNotFromContractWithCustomerExcludingInterestIncome	8188	usd
CY2021Q4	us-gaap	Revenue Not From Contract With Customer Excluding Interest Income RevenueNotFromContractWithCustomerExcludingInterestIncome	16459	usd
CY2022Q4	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	221942	usd
CY2021Q4	us-gaap	Revenues Net Of Interest Expense RevenuesNetOfInterestExpense	106449	usd
CY2022Q4	us-gaap	Results Of Operations Expense From Oil And Gas Producing Activities ResultsOfOperationsExpenseFromOilAndGasProducingActivities	292679	usd
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CY2022Q4	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1215106	usd
CY2021Q4	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	809606	usd
CY2022Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	40196	usd
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CY2022Q4	us-gaap	Accretion Expense Including Asset Retirement Obligations AccretionExpenseIncludingAssetRetirementObligations	7994	usd
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CY2022Q4	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-3310	usd
CY2021Q4	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-4970	usd
CY2022Q4	us-gaap	Operating Expenses OperatingExpenses	1559285	usd
CY2021Q4	us-gaap	Operating Expenses OperatingExpenses	936719	usd
CY2022Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-1337343	usd
CY2021Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-830270	usd
CY2022Q4	us-gaap	Other Income OtherIncome	6000	usd
CY2022Q4	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	1182	usd
CY2021Q4	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	23468	usd
CY2022Q4	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-23334	usd
CY2021Q4	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-102550	usd
CY2022Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	28152	usd
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CY2022Q4	us-gaap	Stockholders Equity Reverse Stock Split StockholdersEquityReverseStockSplit	60:1 reverse stock split
CY2021Q4	us-gaap	Stockholders Equity Reverse Stock Split StockholdersEquityReverseStockSplit	60:1 reverse stock split
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	10463105	usd
CY2022Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	175	usd
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CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	5780252	usd
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CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	-751188	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	5991833	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	5991833	usd
CY2022Q4	us-gaap	Stockholders Equity Reverse Stock Split StockholdersEquityReverseStockSplit	60:1 reverse stock split
CY2022	us-gaap	Stockholders Equity Reverse Stock Split StockholdersEquityReverseStockSplit	60:1 reverse stock split
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	-1309191	usd
CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	-751188	usd
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CY2021Q4	us-gaap	Accretion Expense Including Asset Retirement Obligations AccretionExpenseIncludingAssetRetirementObligations	8253	usd
CY2022Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	40196	usd
CY2021Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	32011	usd
CY2021Q4	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-474	usd
CY2021Q4	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	11073	usd
CY2022Q4	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-23334	usd
CY2021Q4	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-102550	usd
CY2022Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	175	usd
CY2021Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	607325	usd
CY2022Q4	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	48252	usd
CY2021Q4	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	118432	usd
CY2022Q4	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-112319	usd
CY2021Q4	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	2994	usd
CY2022Q4	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	514733	usd
CY2021Q4	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	-13583	usd
CY2022Q4	OILCF	Increase Decrease In Right Of Use Asset And Lease Liability IncreaseDecreaseInRightOfUseAssetAndLeaseLiability	-1868	usd
CY2021Q4	OILCF	Increase Decrease In Right Of Use Asset And Lease Liability IncreaseDecreaseInRightOfUseAssetAndLeaseLiability	-318	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-703492	usd
CY2021Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-329293	usd
CY2022Q4	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	865048	usd
CY2021Q4	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	8777	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-865048	usd
CY2021Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8777	usd
CY2021Q4	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement	571760	usd
CY2021Q4	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	22978	usd
CY2022Q4	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	38291	usd
CY2021Q4	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	3095	usd
CY2022Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-38291	usd
CY2021Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	551877	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1606831	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	213807	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3300495	usd
CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	25806	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1693664	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	239613	usd
CY2021Q4	OILCF	Share Purchase Warrants Issued In Connection With Private Placements SharePurchaseWarrantsIssuedInConnectionWithPrivatePlacements	226552	usd
CY2022Q4	OILCF	Trade And Other Payables Related To Property And Equipment TradeAndOtherPayablesRelatedToPropertyAndEquipment	1270400	usd
CY2021Q4	OILCF	Trade And Other Payables Related To Property And Equipment TradeAndOtherPayablesRelatedToPropertyAndEquipment	109888	usd
CY2022Q4	us-gaap	Interest Paid Net InterestPaidNet	1182	usd
CY2022Q4	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_80D_eus-gaap--NatureOfOperations_zRHX37lGxnh5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. <span style="text-transform: uppercase"><span id="xdx_824_zRrTKufI039f">BACKGROUND</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 28.35pt; text-align: justify; text-indent: -28.35pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Permex Petroleum Corporation (the “Company”) was incorporated on <span id="xdx_904_edei--EntityIncorporationDateOfIncorporation_dd_c20221001__20221231_zUD1qR6z9tWc" title="Date of incorporation">April 24, 2017</span> under the laws of British Columbia, Canada and maintains its head office at Suite 925, 2911 Turtle Creek Blvd, Dallas, Texas, 75219. Its registered office is located at 10<sup>th</sup> floor, 595 Howe Street, Vancouver, British Columbia, Canada, V6C 2T5. The Company is primarily engaged in the acquisition, development and production of oil and gas properties in the United States. The Company’s oil and gas interests are located in Texas and New Mexico, USA. The Company is listed on the Canadian Securities Exchange (the “CSE”) under the symbol “OIL” and on the OTCQB under the symbol “OILCF”.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 28.35pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On October 26, 2022, the Company’s board of directors approved a reverse stock split of the Company’s issued and outstanding common stock at a <span id="xdx_909_eus-gaap--StockholdersEquityReverseStockSplit_c20221025__20221026__srt--TitleOfIndividualAxis__srt--BoardOfDirectorsChairmanMember_zrFC0nVY0DDj" title="Stockholders equity reverse stock split">1 for 60 ratio</span>, which was effective November 2, 2022. The par value and authorized shares of common stock were not adjusted as a result of the reverse stock split. All issued and outstanding common stock, options, and warrants to purchase common stock and per share amounts contained in the financial statements have been retroactively adjusted to reflect the reverse stock split for all periods presented.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 28.35pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q4	dei	Entity Incorporation Date Of Incorporation EntityIncorporationDateOfIncorporation	2017-04-24
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-9569606	usd
CY2022Q4	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_849_eus-gaap--UseOfEstimates_zxPTPA9TmWW5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 28.35pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_867_zJK9HJtbbMRb">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 28.35pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 28.35pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities at the date of the financial statements and the reported amount of revenue and expenses during the reporting period. Management evaluates these estimates and judgments on an ongoing basis and bases its estimates on experience, current and expected future conditions, third-party evaluations and various other assumptions that management believes are reasonable under the circumstances. Significant estimates have been used by management in conjunction with the following: (i) amounts subject to allowances and returns; (ii) the fair value of assets when determining the existence of impairment factors and the amount of impairment, if any; (iii) the costs of site restoration when determining decommissioning liabilities; (iv) income taxes receivable or payable; (v) the useful lives of assets for the purposes of depreciation; (vi) petroleum and natural gas reserves; and (vii) share-based payments. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, and makes adjustments when facts and circumstances dictate. These estimates are based on information available as of the date of the financial statements; therefore, actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 28.35pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q4	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	213754	usd
CY2021Q4	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	89990	usd
CY2022Q4	us-gaap	Nontrade Receivables Current NontradeReceivablesCurrent	44969	usd
CY2022Q4	us-gaap	Oil And Gas Property Full Cost Method Gross OilAndGasPropertyFullCostMethodGross	9903713	usd
CY2022Q3	us-gaap	Oil And Gas Property Full Cost Method Gross OilAndGasPropertyFullCostMethodGross	8029234	usd
CY2022Q3	us-gaap	Construction In Progress Gross ConstructionInProgressGross	460306	usd
CY2022Q4	us-gaap	Oil And Gas Property Full Cost Method Depletion OilAndGasPropertyFullCostMethodDepletion	212853	usd
CY2022Q3	us-gaap	Oil And Gas Property Full Cost Method Depletion OilAndGasPropertyFullCostMethodDepletion	184658	usd
CY2022Q4	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	9690860	usd
CY2022Q3	us-gaap	Oil And Gas Property Full Cost Method Net OilAndGasPropertyFullCostMethodNet	8304882	usd
CY2022Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	201565	usd
CY2022Q3	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	127542	usd
CY2022Q4	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	17649	usd
CY2022Q3	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	5648	usd
CY2022Q4	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	183916	usd
CY2022Q3	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	121894	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9874776	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8426776	usd
CY2022Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	40196	usd
CY2021Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	32011	usd
CY2022Q4	us-gaap	Operating Lease Cost OperatingLeaseCost	35398	usd
CY2021Q4	us-gaap	Operating Lease Cost OperatingLeaseCost	13961	usd
CY2022Q4	us-gaap	Variable Lease Cost VariableLeaseCost	7175	usd
CY2021Q4	us-gaap	Variable Lease Cost VariableLeaseCost	7557	usd
CY2022Q4	us-gaap	Sublease Income SubleaseIncome	10004	usd
CY2021Q4	us-gaap	Sublease Income SubleaseIncome	4868	usd
CY2021Q4	us-gaap	Payments For Rent PaymentsForRent	1674	usd
CY2022Q4	us-gaap	Lease Cost LeaseCost	32569	usd
CY2021Q4	us-gaap	Lease Cost LeaseCost	14976	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	77294	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	82190	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	84664	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	14180	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	258328	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	39864	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	218464	usd
CY2022Q3	us-gaap	Asset Retirement Obligation AssetRetirementObligation	236412	usd
CY2021Q3	us-gaap	Asset Retirement Obligation AssetRetirementObligation	552594	usd
CY2022	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	-371212	usd
CY2022Q4	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	7994	usd
CY2022	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	55030	usd
CY2022Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	244406	usd
CY2022Q3	us-gaap	Asset Retirement Obligation AssetRetirementObligation	236412	usd
CY2022	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	-371212	usd
CY2022Q4	OILCF	Reclamation Deposits ReclamationDeposits	145000	usd
CY2022Q3	OILCF	Reclamation Deposits ReclamationDeposits	145000	usd
CY2022Q4	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	38291	usd
CY2022Q4	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	52454	cad
CY2022Q4	us-gaap	Interest Expense InterestExpense	1182	usd
CY2022	us-gaap	Interest Expense InterestExpense	9360	usd
CY2022	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	23600	usd
CY2022	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	30000	cad
CY2022	OILCF	Forgiveness Of Loan Payable ForgivenessOfLoanPayable	7800	usd
CY2022	OILCF	Forgiveness Of Loan Payable ForgivenessOfLoanPayable	10000	cad
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	-1309191	usd
CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	-751188	usd
CY2022Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1932604	shares
CY2021Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1130344	shares
CY2022Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.68
CY2021Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.66
CY2022Q4	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions	84583	shares
CY2021Q4	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions	92917	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber	1097096	shares
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber	1097096	shares
CY2022Q4	us-gaap	Common Stock No Par Value CommonStockNoParValue	0
CY2022Q3	us-gaap	Common Stock No Par Value CommonStockNoParValue	0
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	1932604	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	1932604	shares
CY2022Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	1932604	shares
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	1932604	shares
CY2022Q4	OILCF	Percentage Issued And Outstanding For Common Stock PercentageIssuedAndOutstandingForCommonStock	0.10	pure
CY2022Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1	P10Y
CY2022Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	37917	shares
CY2022Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	19.51
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	55000	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	10.51
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	8334	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	17.34
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	84583	shares
CY2021Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	84583	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	13.26
CY2021Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	13.26
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	83333	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	13.61
CY2022Q4	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit	2.22
CY2022Q4	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit	22.20
CY2022Q4	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2	P7Y5M15D
CY2022Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	175	usd
CY2021Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	607325	usd
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.015	pure
CY2021Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P10Y
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.9656	pure
CY2021Q4	us-gaap	Share Price SharePrice	10.17
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	84583	shares
CY2022Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber	208333	shares
CY2022Q3	OILCF	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageGrantDateFairValue	9.42
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted	888763	shares
CY2022Q4	OILCF	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedWeightedAverageGrantDateFairValue	12.91
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber	1097096	shares
CY2022Q4	OILCF	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageGrantDateFairValue	12.12
CY2022Q4	us-gaap	Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights	1097096	shares
CY2022	OILCF	Gain On Fair Value Adjustment Of Warrants GainOnFairValueAdjustmentOfWarrants	178509	usd
CY2022Q4	OILCF	Gain On Fair Value Adjustment Of Warrants GainOnFairValueAdjustmentOfWarrants	23334	usd
CY2021Q4	OILCF	Gain On Fair Value Adjustment Of Warrants GainOnFairValueAdjustmentOfWarrants	102550	usd

Files In Submission

Name	View Source	Status
oilcf-20221231_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
oilcf-20221231_cal.xml	Edgar Link	unprocessable
oilcf-20221231_def.xml	Edgar Link	unprocessable
0001493152-23-006456-index-headers.html	Edgar Link	pending
0001493152-23-006456-index.html	Edgar Link	pending
0001493152-23-006456.txt	Edgar Link	pending
0001493152-23-006456-xbrl.zip	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
ex32-2.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
oilcf-20221231.xsd	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
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R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
oilcf-20221231_lab.xml	Edgar Link	unprocessable
form10-q_htm.xml	Edgar Link	completed
R34.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$OILCF
Permex Petroleum Corp Stock $oilcf

2023 Q1 Form 10-Q Financial Statement

#000149315223006456 Filed on March 01, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OILCF Permex Petroleum Corp Stock $oilcf

2023 Q1 Form 10-Q Financial Statement

#000149315223006456 Filed on March 01, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OILCF
Permex Petroleum Corp Stock $oilcf