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Bullboard - Stock Discussion Forum 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... see more

TSX:JOY - Post Discussion

Journey Energy Inc > price differential
View:
Post by Buyreallow on Aug 24, 2022 3:41pm

price differential

Forget the Henry Hub gas price.  AECO gas prices differentials have gone from 90 cents 2 years ago to as mich as $6.00 lately.  Too much production, pipeline maintenance and pipeline capacity are all making it next to impossible for producers to sell their natural gas without cutting prices to ridiculous prices.  They will soon be burning off rather than processing it.
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