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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. 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 > JOY unhedged..look at Aeco price!
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Comment by pennydredfulon Sep 04, 2021 1:11pm
120 Views
Post# 33814567

RE:RE:RE:RE:RE:RE:RE:RE:RE:JOY unhedged..look at Aeco price!

RE:RE:RE:RE:RE:RE:RE:RE:RE:JOY unhedged..look at Aeco price!Banks    were   detterred  by   the  fact  that  in  liquidation   abandonment  liabilities   would   be   ranked    ahead  of   the  bank  loans   and   JOY   has   significant  abandonment  liabilities  which   they   are   addressing    so    perversely   these   abandonment   liabilities   "saved"   them    and  allowed    them  to   cut   a  great   deal  with   the   banks. 
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