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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 > Great post from Leanne on Energy Stocks IV
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Comment by hawkowl1on May 10, 2021 12:38pm
94 Views
Post# 33165507

RE:RE:Great post from Leanne on Energy Stocks IV

RE:RE:Great post from Leanne on Energy Stocks IV.. Obsidian has great value. I also have a large position in OBE.
Forecast is $2.25 per share in cash flow ..Its the former Prime West but with a new brilliant executive.

Stephen E. Loukas

Interim President and Chief Executive Officer

SDE trading at 1 times cash flow..
They have a debt situation that will quickly dissapear with current oil prices

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