Bullboard - Stock Discussion Forum 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... see more

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TSX:JOY - Post Discussion

Journey Energy Inc > Q1 .20 cents per share cash flow.

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Post by hawkowl1 on May 09, 2021 10:24am

Q1 .20 cents per share cash flow.

A lot of information on Sedar. Updated presentation coming soon.

Power plant revenue $652,000 for quarter .Operated at .68% of capacity. On going tweaking of system.

4 megawatt plant can be increased 50% for only $180,000.

So figure around $1 million per month of revenue from this asset.
But how much does it cost to operate?

Gas Turbines Have Become by Far the Best Choice for Add-on Generating Power - IEEE Spectrum

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