EnerCom's 24th The Oil & Gas Conference® brings top public and private E&Ps, a European supermajor, a national oil company, and oilfield service and royalty companies to Denver, Aug. 11-14, 2019 Don't miss Continental Resources Chairman and CEO Harold Hamm's fireside chat on the future of the oil and gas industry One of the largest independent upstream oil and gas-focused investor conferences—The Oil & Gas [...]
Journey Energy Inc. reports the voting results from its Annual General Meeting held on June 13, 2019. 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 members. The number in respect of the vote is based on the proxies received. Votes For % For Votes Against % Against 21,194,305 100 - 0.00 2 [...]
Journey Energy Inc. announces today that the annual borrowing base redetermination of its credit facilities has been finalized. The amended credit facilities have been reduced from the current amount of $100 million to $90 million. The new facility is comprised of a $75 million syndicated revolving term credit facility and a $15 million working capital facility. The reduction in the facility was the result of several [...]
Journey Energy Inc. is pleased to announce its financial results for the first quarter of 2019. The complete set of financial statements and management discussion and analysis for the periods ended March 31, 2019 and 2018 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. Highlights for the first quarter and year-to-date are as follows: Achieved a production level of 9,330 boe/d in the first [...]
Journey Energy Inc. is pleased to provide an update on our Joint Venture with Kiwetinohk Resources Corp. in the East Duvernay, including the encouraging test rates achieved by the first two commitment wells. East Duvernay Joint Venture Operational Update Since entering into the Joint Venture arrangement on August 29th, 2018, Kiwetinohk and Journey have been actively advancing the development of the East Duvernay property [...]
Journey Energy Inc. is pleased to announce its 2018 financial results. The complete set of financial statements and management discussion and analysis for the year ended December 31, 2018 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. Highlights for 2018 were: Early in 2018, Journey entered into strategic acquisition agreements increasing Journey's Duvernay undeveloped land position in the [...]
Journey Energy Inc. is pleased to report its year-end 2018 oil and gas reserves evaluation. During 2018, the Company invested approximately $27 million in capital projects net of acquisition and divestiture activities. Exploration and development activities accounted for approximately $32 million while A&D activities resulted in net proceeds of approximately $5 million. E&D activities included drilling and waterflood [...]
Journey Energy Inc. announces its financial and operating results for the three and nine month periods ending September 30, 2018. The complete set of financial statements and management discussion and analysis for the periods ended September 30, 2018 and 2017 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. THIRD QUARTER 2018 HIGHLIGHTS Highlights for the third quarter and to date are as [...]
Journey Energy Inc. announces that President and Chief Executive Officer, Alex Verge, will be presenting at the 2018 Peters & Co. Energy Conference in Toronto on Wednesday September 12, 2018 at 9:50 AM EST . To listen to the presentation please use the following link: https://www.petersco.com/news_prior.cfm SOURCE Journey Energy Inc....
140 GROSS SECTIONS Journey Energy Inc. is pleased to announce that it has entered into a definitive agreement to develop its East Duvernay shale oil resource prospect with a strategic joint venture partner, Kiwetinohk Resources Corp. . In addition, through a series of transactions, Journey, and Kiwetinohk, have increased the amount of contiguous lands in the East Duvernay shale oil resource prospect from approximately 100 [...]
Journey Energy Inc. announces its financial and operating results for the three and six month periods ending June 30, 2018. The complete set of financial statements and management discussion and analysis for the periods ended June 30, 2018 and 2017 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. SECOND QUARTER 2018 HIGHLIGHTS Highlights for the second quarter and to date are as follows [...]
CALGARY, June 18, 2018 /CNW/ - Journey Energy Inc. reports that subsequent to its Annual and Special Meeting of shareholders wherein there were more votes withheld for the re-election of Mr. Ruilin Zhang to the Board of Directors , than votes in favor of his re-election, Mr. Zhang has submitted his resignation as is required under Journey's Majority Voting Policy. The Governance and Compensation Committee of the Board [...]
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