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Bullboard - Stock Discussion Forum 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... see more

TSX:JOY - Post Discussion

Journey Energy Inc > Journey ,Razor merger potential
View:
Post by hawkowl1 on Mar 07, 2022 9:50am

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

Comment by Buyreallow on Mar 07, 2022 10:00am
If oil and gas prices stay high for some time, I think JOY could be a $10 stock without any merger.
Journey Energy Inc
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