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Journey Energy Inc T.JOY

Alternate Symbol(s):  JRNGF

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

Comment by hawkowl1on Mar 11, 2021 6:20pm
153 Views
Post# 32781853

RE:Wow

RE:Wow

Well I think its a sure thing they sell East Duvernay assets.Current energy prices and futures make it a cash cow. Journey is too small to keep it. Cash out for 45 million. Pay off some debt and drill baby drill t. My new target is $3  a year from now.
I have a huge position .Speculated it was very cheap and it was being held down with huge blocks for sale at .40 cents for past 6 weeks..Did not stop me from accumulating..
You got to know how to play this game. 
Shocking that Insiders have not bought any shares.Perhaps they continue to be restricted.

Gotta hand it to Alex Verge.. Looks like a winner now. He took a huge risk getting involved with East Duvernay and it did not turn out due to issues out of his control.

Something other than East Duvernay is happening. behind scenes .3 million share volume in 2 days for tiny little Journey is unheard of.

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