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Perisson Petroleum Corporation (V:POG)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: 639 5 Ave SW Suite 1250
CALGARY AB T2P 0M9
Tel: N/A
Website: www.perisson.com
IR: See website
Key People
Chien-Yeh Chen
Chairman of the Board, Chief Executive Officer
Wayne Rousch
President, Director
Bradford Ronald Perry
Chief Financial Officer
Scott Michael Reeves
Corporate Secretary
   
Business Overview
Perisson Petroleum Corporation is a Canada-based company, which is engaged in exploration and production of oil and gas in Canada and exploration for oil and gas in the Republic of Colombia (Colombia). The Company's oil and gas activities are focused on commercially exploiting resources from its 100% interest in the VMM-17 block. The VMM-17 block covers 39,927 hectares of the Magdalena Basin, the oldest oil-producing basin in Colombia.
Financial Overview
For the nine months ended 30 September 2023, Perisson Petroleum Corp revenues decreased 59% to C$59K. Net loss totaled C$4M vs. income of C$1.2M. Revenues reflect Canada segment decrease of 44% to C$43K. Net loss reflects ARO (recovery) expense decrease of 100% to C$7K (income), Interest Expense increase of 26% to C$3M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $45.74M as of Sep 30, 2023
Annual revenue (TTM): $0.07M as of Sep 30, 2023
EBITDA (TTM): -$1.29M as of Sep 30, 2023
Net annual income (TTM): -$5.30M as of Sep 30, 2023
Free cash flow (TTM): -$2.23M as of Sep 30, 2023
Net Debt Last Fiscal Year: $10.00M as of Sep 30, 2023
Shares outstanding: 912,156,570 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization