Brief: Journey Energy Provides 2024 Preliminary Guidance Including Staggered Payment Of Term Debt

Journey Energy

22/12/2023 04:04

Dec 21 (Reuters) - Journey Energy Inc  JOY.TO :
    * JOURNEY ENERGY PROVIDES UPDATE ON 2023 CAPITAL PROGRAM;
PROVIDES
2024 PRELIMINARY GUIDANCE INCLUDING STAGGERED PAYMENT OF TERM
DEBT
    * SAYS IN Q3 OF 2023, JOURNEY HAD SALES VOLUMES OF 11,756
BOE/D
    * SAYS PRODUCTION INCREASED TO 12,700 BOE/D (55% LIQUIDS)
FOR
NOVEMBER OF 2023, BASED UPON FIELD ESTIMATES
    * SEES FY 2024 CAPITAL SPENDING AT $41 MILLION
    * SAYS FY24 ANNUAL AVERAGE DAILY SALES VOLUMES 11,500 -
12,000
BOE/D

Source text for Eikon:  ID:nCNWW2pBda 
Further company coverage:  JOY.TO 

 ((Reuters.Briefs@thomsonreuters.com;))