Journey reported its 2017 year-end reserve book, reflective of top-line reserve growth low cost adds heavily influenced by the company’s Gilby consolidation acquisition. On a debt-adjusted basis, Journey’s reserve growth was negative, and related F&D metrics are likely to be comparatively underwhelming within its peer group. Propelling activity on its 102 section footprint in the West Shale Basin, amenable to Duvernay Shale light oil/condensate deliverability, is the prime foc
27 Feb 2018
Reports 2017 reserve book
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Reports 2017 reserve book
Journey Energy, Inc. (JOY:TSE) | 0 0 -0.6% | Mkt Cap: 89.2m
- Published:
27 Feb 2018 -
Author:
Robert Fitzmartyn -
Pages:
8
Journey reported its 2017 year-end reserve book, reflective of top-line reserve growth low cost adds heavily influenced by the company’s Gilby consolidation acquisition. On a debt-adjusted basis, Journey’s reserve growth was negative, and related F&D metrics are likely to be comparatively underwhelming within its peer group. Propelling activity on its 102 section footprint in the West Shale Basin, amenable to Duvernay Shale light oil/condensate deliverability, is the prime foc