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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

Post by hawkowl1on Mar 07, 2022 9:50am
190 Views
Post# 34489926

Journey ,Razor merger potential

Journey ,Razor merger potential

Possible growth to 15000 boe per day late 2022 early 2023.

Not saying they will merge but would be a great natural combo.

Then your looking at one company with a very low share count.

Do the math with an oil price of $80. Plenty of money left over tor abandoned well liabilities.

$30 net back ,65million shares outstanding suggest a minimum $10 stock price

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