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Bullboard - Stock Discussion Forum 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... see more

TSX:JOY - Post Discussion

Journey Energy Inc > Need to sell electricity to a data centre
View:
Post by jenksh on Nov 21, 2024 1:30pm

Need to sell electricity to a data centre

Journey needs a long term contract to a data center and an update on electricity prices in Alberta
Comment by newtonboy on Nov 21, 2024 10:07pm
Journey needs to get both Gilby and Mezeppa on line early in '25 to provide shareholders with some comfort considering the dismal drop in price this past 18 months Long term power contracts will be easily obtained considering future demand. It appears NG prices are on the rise- hense todays spike.  I would like to see management or at least their IR dept to be a little more SH Friendly ...more  
Comment by jleer42 on Nov 22, 2024 10:37am
Gilby and Mazeppa are waiting on approvals. Gilby is planned for Q1 2025, probably March; Mazeppa later H2 2025. These have been pushed back so far it they are now believe-it-when-I-see-it scenarios. JOY is actually bucking the trend and up by a penny today. Two positive days in a row, can't call it a trend but nice to see for a change.
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