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 > Oil and Gas

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Post by Buyreallowon May 04, 2022 12:13pm

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Post# 34655303

Oil and Gas

With WTI 3.5% today to above $105 and Nat gas up over 5% to near $8.40, JOY is extremely undervalued. They are spewing cash big time. Next week we should get the Q1 results which will be record breaking, and Q2 will be even better if this keeps up. Hugh buying opportunity here. This thing is headed above $8.00 and could even see $10.

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