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 > Financials

<< Previous

Bullboard Posts

Next >>

Comment by Bananahangeron Feb 28, 2022 4:04pm

165 Views

Post# 34468920

RE:RE:Financials

Thank you for the explanation. That makes sense and I'm glad it's an accounting requirement rather than the choice of the company to inflate its income. However it's a deal breaker for me in deciding whether to stay with gear or put some money in joy. I will probably regret it within the year.

<< Previous

Bullboard Posts

Next >>

Cannara reports record growth and profitability in Q4 2023