Journey Energy Inc.

Journey Energy Inc. announces an extension to the forbearance agreement with its banking syndicate. Journey reports that it has reached an agreement with its syndicate of lenders to extend the current forbearance agreement until September 2, 2020. Journey and its lending syndicate continue to be in regarding its bank borrowings. This extension of the forbearance period will allow Journey additional time to keep pursuing a [...]

Journey Energy Inc. reports the voting results from its Annual General Meeting held on August 12, 2020 pursuant to Section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations. 1. Fixing the Number of Directors to be elected at the meeting On a vote by proxy, the number of directors of the Company to be elected at the Meeting was fixed at five members. The number in respect of the vote is based on the [...]

Journey Energy Inc. announces an extension to the forbearance agreement with its banking syndicate. Journey reports that it has reached an agreement with its syndicate of lenders to extend the current forbearance agreement until August 19, 2020. Journey and its lending syndicate continue to discuss the best path forward to deal with the repayment of its bank borrowings. This extension of the forbearance period will allow [...]

Journey Energy Inc. announces its financial and operating results for the three and six month periods ending June 30, 2020. The complete set of financial statements and management discussion and analysis for the periods ended June 30, 2020 and 2019 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. SECOND QUARTER 2020 HIGHLIGHTS Highlights for the second quarter are as follows: Achieved [...]

Journey Energy Inc. announces an extension to the forbearance agreement with its banking syndicate. Journey reports that it has reached an agreement with its syndicate of lenders to extend the current forbearance agreement until August 7, 2020. Journey and its lending syndicate have been in continuous discussions regarding the best path forward to deal with the repayment of its bank borrowings. This extension of the [...]

Journey Energy Inc. announces an extension to the forbearance agreement with its banking syndicate. Journey is pleased to report that it has reached an agreement with its syndicate of lenders to extend the current forbearance agreement until July 31, 2020. Journey has been diligently working with its lenders to reach an amicable solution to the reduction in its borrowing base caused by the impact of the COVID-19 pandemic [...]

Journey Energy Inc. announces an extension to its forbearance agreement with its banking syndicate. Journey previous reported on April 24 that it entered into a forbearance agreement with its syndicate of lenders in respect of its credit facility. The forbearance agreement expired on May 29, 2020. Journey is pleased to report that it has reached an agreement with the syndicate to extend the current forbearance until June [...]

Journey Energy Inc. announces its financial results for the first quarter of 2020. The complete set of financial statements and management discussion and analysis for the periods ended March 31, 2020 and 2019 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. Highlights for the first quarter are as follows: Achieved production of 9,325 boe/d in the first quarter. Liquids accounted for 4,521 [...]

Journey Energy Inc. announces that it intends to release its first quarter 2020 financial and operating results after the market close on Tuesday, May 19, 2020. Financial Statement Filing Date Extension Journey will be releasing its first quarter 2020 financial statements and management, discussion and analysis on Tuesday May 19, 2020. Journey is relying on the Alberta Securities Commission's Blanket Order 51?517 [...]

Journey Energy Inc. announces an update to its operations and credit facility. The world oil price took a sharp turn downward in mid-March with the onset of the COVID 19 pandemic and systematic shutdowns of global economies. WTI oil prices have recently declined below USD $20/bbl making several of Journey's properties uneconomic to operate at these levels. Consequently, Journey has shut-in approximately 1,500 boe/d of its [...]