CALGARY, June 20, 2017 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce that Glenn A. Hamilton has been appointed to the Board of Directors as of today. Mr. Hamilton recently retired from Bonavista Energy Corp. where he held the positions of Senior Vice President and Chief Financial Officer. Mr. Hamilton has over 35 years of experience in accounting and finance in the oil and [...]
CALGARY, June 14, 2017 /CNW/ - Journey Energy Inc. ("Journey" or the "Company") announced today that it has received approval from the Toronto Stock Exchange (the "TSX") to undertake a proposed normal course issuer bid (the "Bid") to purchase up to 2,522,292 common shares, representing approximately 10% of the public float of Journey's outstanding common shares. Purchases under the Bid will be made through the facilities [...]
CALGARY, May 25, 2017 /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 24, 2017 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 8, 2017 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its financial results for the first quarter of 2017. The complete set of financial statements and management discussion and analysis for the periods ended March 31, 2017 and 2016 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. Highlights for the first quarter and to date [...]
CALGARY, April 28, 2017 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce it has closed on its previously announced strategic acquisition in its Central Alberta core area (the "Acquisition"). The Acquisition consists of approximately 2,000 boe/d (average for 2017; 28% oil & NGL's) of high value; long life; operated; high working interest (75% average); and liquids-rich gas [...]
CALGARY, March 20, 2017 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its financial results for 2016. The complete set of financial statements and management discussion and analysis for the year ended December 31, 2016 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. HIGHLIGHTS Strategic Acquisition Journey is pleased to announce that it [...]
CALGARY, March 3, 2017 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") announces that its strategic financing partner, Alberta Investment Management Corporation ("AIMCo"), has exercised the warrants they were issued in the October 2016 private placement. Journey previously issued 4.95 million share purchase warrants (the "Warrant(s)") in connection with the term debt private placement which closed on [...]
CALGARY, Feb. 22, 2017 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to report its year-end 2016 oil and gas reserves evaluation. During 2016, the Company invested approximately $16 million in exploration and development activities, and realized $9 million of net proceeds from acquisition and divestiture ("A&D") activities. A&D initiatives throughout the year included the [...]
CALGARY, Nov. 7, 2016 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its financial and operating results for the third quarter of 2016. The complete set of financial statements and management discussion and analysis for the three and nine month periods ended September 30, 2016 will be posted on www.sedar.com and on the Company's website www.journeyenergy.ca in due [...]
CALGARY, Oct. 6, 2016 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") announces that it has entered into a strategic financing partnership with Alberta Investment Management Corporation ("AIMCo"). AIMCo's investment into Journey has been made through the completion of a private placement of 30,000 units (the "Units") at a price of $1,000 per Unit for aggregate proceeds of $30 million. Each Unit is [...]
CALGARY, Sept. 30, 2016 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") announces that the previously announced disposition of an aggregate of 16,355,798 common shares and restricted voting shares (collectively, the "Shares") in the capital of Journey by Infra-PSP Partners Inc. ("PSP") pursuant to a share purchase agreement dated September 15, 2016 has closed. Upon closing of the disposition the [...]
CALGARY, Sept. 19, 2016 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") announces that Maple Investments Limited ("MIE") has agreed to acquire an aggregate of 16,355,798 common shares and restricted voting shares (collectively, the "Shares") in the capital of Journey from Infra-PSP Partners Inc. ("PSP") for aggregate consideration of $33,846,602 (being an amount of approximately $2.069 per Share [...]