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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 > 2.3MM shares issued at $6.62
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Comment by Relaxrelaxon Mar 02, 2023 12:27am
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Post# 35314231

RE:2.3MM shares issued at $6.62

RE:2.3MM shares issued at $6.62They're not ordinary shares.  They're flow-through shares.  The purchaser writes off the whole investment as a tax deduction and Journey pays the tax for them.
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