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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Journey Energy Inc T.JOY

Alternate Symbol(s):  JRNGF

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. The Company is engaged in pursuing growth through drilling on existing core lands in Alberta, implementing water flood projects, completing accretive acquisitions, and growing its overall production and reserves base. 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. 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
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Post by spoiledsuzyon Jun 21, 2016 8:26pm
134 Views
Post# 24985617

Liability Management Programs Results Report

Liability Management Programs Results ReportThe following link is to the Alberta site that tells us what kind of shape our companies are with respect to their environmental, reclamation, and decommissioning liabilities.

https://www.aer.ca/data/facilities/LLR_Report.pdf

The very lowest limit is a '1', with anything below a '2' to be shaky.
 
It is interesting to see one of the market darlings, SPE/Spartan, is a poor 1.63

Journey's current rating is on the very low end: 1.83.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities
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