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 > Literally

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Comment by jleer42on Apr 13, 2022 12:14pm

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Post# 34600700

RE:RE:RE:Literally

Very little oil is sold at the spot price, you need to look at the future contracts. Q1 is going to come in at ~$80. Below is a link to BSW's WTI settlements on the BTE board.

https://stockhouse.com/companies/bullboard?symbol=t.bte&postid=34599661

Buyreallow wrote: Avg monthly WTI price for Q1 were 83.22, 91.64 and 108.50. The companies are under priced even for Q1 prices. Should see upward movements in May when the Q1 numbers come out, and another move when Q2 comes out. Here companies are spewing Hugh amounts of cash.

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