Journey Energy Inc.

Journey Energy Inc. is pleased to report its year-end 2024 oil and gas reserves evaluation. 2024 Reserve Report Highlights: Proved developed producing reserves decreased 4% to 35.5 MMboe, with a corresponding decrease of 3% in NPV@10% to $350.3 million. The PDP reserve life index increased to 8.9 years from 8.4 years. Total proved reserves increased 1% to 50.4 MMboe, with a corresponding increase of 7% in NPV@10% to [...]

Journey Energy Inc. is pleased to provide preliminary guidance for 2025 with a focus on advancing development activities within the Duvernay Joint Venture. 2025 CAPITAL PROGRAM On January 6, 2025, Journey announced initial drilling results on the first 2.0 wells in its Duvernay joint venture in Central Alberta. In the most recent corporate presentation Journey provided an updated type curve highlighting the economic [...]

Journey Energy Inc. is pleased to provide an update on its Duvernay Joint Venture operations, including the excellent initial test rates achieved by the first two wells. Duvernay Joint Venture Operational Update On May 7, 2024 Journey announced its participation in a 128 section, Joint Venture in the Duvernay. Journey's current working interest in the Joint Venture is 31.38%. The partners currently control 104 sections [...]

Journey Energy Inc. announces that it has posted a new corporate presentation on the Company's website at www.journeyenergy.ca. The presentation is also available at www.sedarplus.ca. Journey plans on providing 2025 guidance prior to the end of January, 2025. About the Company Journey is a Canadian exploration and production company focused on conventional, oil-weighted operations in Alberta, Canada. Journey's strategy is [...]

Journey Energy Inc. is pleased to announce its financial and operating results for the three and nine month periods ending September 30, 2024. The complete set of financial statements and management discussion and analysis are posted on www.sedarplus.ca and on the Company's website www.journeyenergy.ca. Highlights for the third quarter: Generated sales volumes of 11,152 boe/d in the third quarter . Realized Adjusted Funds [...]

Journey Energy Inc. is pleased to provide an operational and activity update. Third quarter, 2024 financial results are scheduled to be released on November 7, 2024. TERM-DEBT REPAYMENT UPDATE Journey and its long-term capital provider and largest shareholder, Alberta Investment Management Corporation , have reached an agreement today to amend the repayment terms of its remaining outstanding balance. Under the existing [...]

Journey Energy Inc. announced today that it has received approval from the Toronto Stock Exchange to undertake a proposed normal course issuer bid to purchase up to 4,666,445 common shares, representing approximately 10% of the public float of Journey's outstanding common shares as of August 14, 2024. Purchases under the Bid will be made through the facilities of the TSX, alternative trading platforms in Canada and at [...]

Journey Energy Inc. is pleased to announce its financial and operating results for the three and six month periods ending June 30, 2024. The complete set of financial statements and management discussion and analysis are posted on www.sedarplus.ca and on the Company's website www.journeyenergy.ca. Highlights for the second quarter are as follows: Generated sales volumes of 11,235 boe/d in the first quarter Realized [...]

Journey Energy Inc. announces the voting results from its Annual General Meeting held today pursuant to Section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations. Journey is pleased to report that all resolutions were approved by the shareholders and the details of the voting results are contained below. 1. Fixing the Number of Directors to be elected at the meeting On a vote by proxy, the number of [...]

Journey Energy Inc. announces its financial results for the first quarter of 2024. The complete set of financial statements and management discussion and analysis for the periods ended March 31, 2024 and 2023 are posted on www.sedarplus.ca and on the Company's website www.journeyenergy.ca. Highlights for the first quarter and year to date are as follows: Generated sales volumes of 11,906 boe/d in the first quarter [...]