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Journey Energy Inc JRNGF


Primary Symbol: T.JOY

Energy Oil & Gas E&P
Journey Energy Inc. is a Canada-based exploration and production company focused on conventional, oil-weighted operations in western Canada. The Company is engaged in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. Its strategy is to grow its production base by drilling on its existing core lands, implementing water flood projects, executing on accretive acquisitions. The Company seeks to optimize its oil pools on existing lands through the application of practices in horizontal drilling and, where feasible, with water floods. It offers horizontal, multi-frac drilling and secondary recovery methods. Its areas of operation are along a resource, Fairway, which consists of the Central Alberta and South Alberta. Its Central Alberta includes Gilby-Duvernay, Crystal, Cherhil, Kaybob, Ferrier, and Ante Creek Waterflood. Its South Alberta includes Matziwin, Skiff, Herronto, and Medicine Hat EOR.


TSX:JOY - Post by User

Journey Energy Inc > My bet is market will be stunned by JOY cash flow
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Comment by Justhalffullon Mar 12, 2021 12:23pm
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Post# 32785900

RE:RE:RE:RE:RE:My bet is market will be stunned by JOY cash flow

RE:RE:RE:RE:RE:My bet is market will be stunned by JOY cash flowCancellation of the Countess sale got them the $900,000 deposit, and with increased gas and electricity prices of late should get them $2 to$4 million more for the asset sale.  Just need to find a new buyer.
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Dealroom for high-potential pre-IPO opportunities