Journey Energy Inc. Announces Year-End 2024 Reserves; Begins Transformation to Higher Netback Liquids @AlexVergeJOY #Energy #Oil #OilAndGas #OTC #OTCMarkets #OTCStocks #TSX #Investing
Calgary, Alberta--(Newsfile Corp. - February 24, 2025) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") 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...
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