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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 > Looks like a deal may get done
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Comment by baranjaon Sep 08, 2021 4:28pm
80 Views
Post# 33827002

RE:RE:Looks like a deal may get done

RE:RE:Looks like a deal may get doneI wish I bought more of this.. Sht!

Justhalffull wrote: I would expect it's more about energy prices.  Crude pushing $70 bbl and NG touches $5.00.  Should px oduce huge cash flow gains for JOY.  Add to that record high electricity prices, and their powers generation unit is also spinning off big cash.


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Dealroom for high-potential pre-IPO opportunities