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.

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Journey Energy Inc > September presentation

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Comment by baranjaon Sep 14, 2021 8:41am

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Post# 33853984

RE:September presentation

the closest one to compare is YGR:
YGR= Debt 200M, Produce 8K+,Market Cap 120M +
JOY=Debt 60M, Produce 8K+, Market Cap 60M only

Let that sync in boys.

hawkowl1 wrote: Forecast Adjusted Funds Flow(2) of $35 to $37 million in 2021; $0.78 to $0.81 funds flow per share

8,100 boe/d(1) (45% liquids); 100% unhedged

https://www.journeyenergy.ca/wp-content/uploads/Reports/Presentations/JOY_Corporate_Presentation_Sep_2021.pdf