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.

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Journey Energy Inc > Sad share price of .90 cents and no volume

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Post by hawkowl1on Jun 01, 2021 8:40am

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Post# 33301875

Sad share price of .90 cents and no volume

Based on assumptions regarding current production WTI price of $68 and natural gas at $3.10 Aeco
Unhedged Journey is flowing $1 per share cash flow annualized.Debt going down fast and its only June. Oil headed towards $80 minimum this year.Natural gas looking strong all year.
ALL UNHEDGED!

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