CALGARY, Aug. 8, 2016 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce significant progress in its efforts to transform our asset base into a more focused lower operating cost core in order to position the company for rapid growth beginning in 2017. Over the last two months Journey has closed (or is in the process of closing) six transactions, and expects to close an [...]
CALGARY, June 12, 2016 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce it has concluded its annual bank line review. As previously disclosed in our May 9, 2016 press release the Company's $140 million credit facility was undergoing its annual review. This review is now complete and based on the banking syndicates' final determination, the credit facility has now been set at [...]
CALGARY, May 26, 2016 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") reports that all matters presented for approval at the Company's Annual General Meeting held May 25, 2016 have been fully authorized and approved. 1. Fixing the Number of Directors to be Elected at the Meeting On a vote by a show of hands, the number of directors of the Corporation to be elected at the Meeting was fixed at six [...]
CALGARY, May 9, 2016 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its financial results for the first quarter of 2016. The complete set of financial statements and management discussion and analysis for the periods ended March 31, 2016 and 2015 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. HIGHLIGHTS Highlights for the first quarter are [...]
CALGARY, March 14, 2016 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its financial results for 2015. The complete set of financial statements and management discussion and analysis for the year ended December 31, 2015 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. HIGHLIGHTS Highlights for the fourth quarter and year end 2015 are as [...]
CALGARY, Feb. 23, 2016 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to report its year end 2015 oil and gas reserves evaluation. During 2015, the company invested approximately $48 million in its capital program including $41 million in exploration and development, and $7 million to consolidate working interests in core properties. In response to decreasing commodity prices [...]
CALGARY, Dec. 14, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") announces its capital plan and guidance for 2016 as well as the suspension of its quarterly dividend. FOURTH QUARTER OPERATIONAL UPDATE Journey has completed its fourth quarter drilling program with 4 (3.1 net) wells drilled. 3 (2.5 net) wells were drilled in Countess-Brooks and 1 (0.6 net) well was drilled in Matziwin. The [...]
CALGARY, Dec. 1, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") announces that it has completed its semi-annual review of its secured, revolving credit facility. Effective November 30, the borrowing base has been set at $140 million with no financial covenants. Previously, the borrowing base was $205 million with a covenant requiring approval of the syndicate for borrowings in excess of $150 [...]
CALGARY, Nov. 9, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its financial results for the third quarter of 2015. The complete set of financial statements and management discussion and analysis for the three and nine month periods ended September 30, 2015 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. HIGHLIGHTS Highlights for the third [...]
CALGARY, Aug. 12, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its financial results for the second quarter of 2015. The complete set of financial statements and management discussion and analysis for the three and six month periods ended June 30, 2015 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. HIGHLIGHTS Highlights for the second [...]
CALGARY, July 16, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") confirms that a dividend of $0.025 per common and restricted voting share will be paid on August 17, 2015 to shareholders of record on July 31, 2015, with an ex-dividend date of July 29, 2015. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. The Board of Directors has declared the [...]
CALGARY, June 15, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") confirms that a dividend of $0.025 per common and restricted voting share will be paid on July 15, 2015 to shareholders of record on June 30, 2015, with an ex-dividend date of June 26, 2015. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. The Board of Directors has declared the dividend [...]
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