Permex Petroleum Corporation

09:50 AM EST - Permex Petroleum Corporation : Announced the appointment of an additional member to the Company's Board of Directors. Permex is welcoming Doug Urch as the newest member of their Board of Directors. Doug Urch is a Chartered Professional Accountant (CPA) and a member of the Institute of Corporate Directors (ICD), with a degree in Commerce. He has been involved in the oil and gas industry for over 35 years. Mr. Urch has been a director for a number of listed (TSX & AIM) and private companies, offering financial management services. For the last 10 years, Doug was the Executive Vice President, Finance and Chief Financial Officer and Corporate Secretary for Bankers Petroleum. Mehran Ehsan, President and CEO, commented "We are very pleased to add Doug Urch to the Board of Directors as he will contribute meaningfully to the Company's strategic plans and growth as an organization. This addition reflects our desire to continue advancing diversity of thought and experience on the Board. Doug's thirty-plus years of experience in the oil and gas sector ranging from finance, to operations, logistics, and leadership will be an asset as we continue to optimize execution of our scale program for the company. On behalf of the Board, we look forward to leveraging his insights and expertise to build upon Permex's success in the years to come." Permex Petroleum Corporation shares OIL:CNX are trading up 6.82 percent at $0.24.