Brief: Journey Energy Provides 2023 Guidance

Journey Energy

03/04/2023 12:26

April 3 (Reuters) - Journey Energy Inc  JOY.TO :
    * JOURNEY ENERGY INC. PROVIDES 2023 GUIDANCE; EXTENDS AIMCO
TERM
DEBT PAYMENT FROM OCTOBER 2023 TO APRIL 2024
    * JOURNEY ENERGY INC - Q4 2022 SALES VOLUMES WERE ABOUT
11,500
BOE/D (54% LIQUIDS)
    * JOURNEY ENERGY INC - BASED ON FIELD ESTIMATES SALES
VOLUMES FOR
JANUARY AND FEBRUARY 2023 WERE ABOUT 13,140 BOE/D
    * JOURNEY ENERGY INC - SEES 2023 YEAR-END NET DEBT TO BE
ABOUT $66
MILLION
    * JOURNEY ENERGY INC - SEES 2023 ANNUAL AVERAGE DAILY SALES
VOLUMES 12,500-13,000BOE/D (54% CRUDE OIL & NGL'S)
    * JOURNEY ENERGY INC - SEES 2023 CAPITAL SPENDING (E&D, A&D,
ARO
AND POWER) OF $63 MILLION
    * JOURNEY ENERGY INC - SEES 2023 ADJUSTED FUNDS FLOW $75-78
MILLION

Source text for Eikon:  ID:nCNW8Rb0Wa 
Further company coverage:  JOY.TO 

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