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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. 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 > My bet is market will be stunned by JOY cash flow
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Post by hawkowl1on Mar 09, 2021 2:04pm
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Post# 32754098

My bet is market will be stunned by JOY cash flow

My bet is market will be stunned by JOY cash flowOf course I have no clue what this crew is up to. They run company like its private.
But based on current price of oil,condensate and natural gas and 8000 boe of production annualized cash flow .75 cents per share. But who really knows if they have bad hedging or other issues they failed to disclose.So its a mugs game trying to figure it out with Journey
Wonder if their even talking to  Kiwetinohk Resources Corp.

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