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Journey Energy Inc. Executed Definitive Agreement with a Strategic Joint Venture Partner to Delineate East Duvernay Oil Resource
Journey Energy Inc. Executed Definitive Agreement with a Strategic Joint Venture Partner t...
About this update from Journey Energy, Inc.
[{"type":"text","content":"\n\n\n\nJourney Energy Inc. Executed Definitive Agreement with a Strategic Joint Venture Partner to Delineate East Duvernay Oil Resource\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen5{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:black 1pt solid; PADDING-RIGHT:0.50em\n}\n.prngen1{\nBORDER-TOP:0pt; BORDER-RIGHT:0pt; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt; BORDER-LEFT:0pt\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntbls{\nBORDER-TOP: black 1px solid; BORDER-RIGHT: black 1px solid; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: black 1px solid; BORDER-LEFT: black 1px solid\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, Aug. 29, 2018\n\n\n\nEXPANDED DUVERNAY LAND BASE TO APPROXIMATELY 140 GROSS SECTIONS\n\n\n\nCALGARY, Aug. 29, 2018 /CNW/ - Journey Energy Inc. (JOY – TSX) (\"Journey\" or the \"Company\") is pleased to announce that it has entered into a definitive agreement (the \"Agreement\") to develop its East Duvernay shale oil resource prospect with a strategic joint venture partner, Kiwetinohk Resources Corp. (\"Kiwetinohk\"). In addition, through a series of transactions, Journey, and Kiwetinohk, have increased the amount of contiguous lands in the East Duvernay shale oil resource prospect from approximately 100 sections to approximately 140 sections. \n\nAbout Journey's East Duvernay Shale Oil Resource Prospect\n\nThe Company has assembled a large, contiguous, highly prospective, 100% working interest land block in the emerging East Duvernay shale oil resource prospect in the Gilby area of central Alberta. As a result, Journey now controls approximately 140 sections of land.\n\nHighlights of Journey's activi...