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 > My bet is market will be stunned by JOY cash flow

<< Previous

Bullboard Posts

Next >>

Comment by hawkowl1on Mar 12, 2021 9:09am

125 Views

Post# 32783954

RE:RE:My bet is market will be stunned by JOY cash flow

Alinaimi what do you think JOY could receive if they sell assets in East Duvernay?
Regarding Countess assets with current price of oil and gas and bright future is now worth $30 million.

I am guessing perhaps $45 million for East Duvernay.
Imagine just selling Duvernay assets for $1 per share . Then JOY would be worth by year end over $3. Mind boggling when you consider shares could be bought last week for as low as. 35 cents..
Which I did!

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale