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Journey Energy Inc JRNGF


Primary Symbol: T.JOY

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

Comment by morrisminimanon Mar 04, 2022 6:43pm
118 Views
Post# 34485427

RE:RE:RE:Both JOY and Razor Energy making huge gains today

RE:RE:RE:Both JOY and Razor Energy making huge gains todayAgree but as I understand it there are a few things to evaluate a bought deal as a good bought deal vs a bad one. One is whether or not the reason for issuing the shares has been disclosed. In this case it wasn't. Most  other indicators suggest this is a good one, except not disclosing how the money is to be used. Not a biggie. Things are going well.
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