Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > March presentation posted on website
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(3)
•••
Post by hawkowl1on Mar 16, 2021 7:18am
175 Views
Post# 32805745

March presentation posted on website

March presentation posted on website7,700 boe/d (1) (46% liquids); 100% unhedged 16% corporate decline go forward; waterfloods and other low decline assets supports sustainability $125 million enterprise value; <$17,000 boe/d 44.0 million basic shares @ $0.80/share; $35 million market cap Forecast Funds Flow(2) of $30 to $33 million in 2021; $0.68 to $0.75 funds flow per share $62 to $65 million estimated net debt(2) at Exit 2021 ; AIMCo is the sole lender and largest shareholder Multi year drilling inventory with attractive economics in current pricing environment

sustainable growth applying new technology to legacy oil pools (journeyenergy.ca)
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities