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Journey Energy Inc (JRNGF)

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Last Post: 3/13/2021 1:11:51 PM - Followers: 1 - Board type: Free - Posts Today: 0





July 2012
Journey Energy Inc. is created out of Sword Energy Inc.


November 2012 – December 2013
Acquired Herronton and 10 additional minor acquisitions

March 2014
Q1 2014 Major Acquisition

June 2014
Journey IPO

Journey has grown from 4,000 BOE/d at (47% liquids) to 8,500 BOE/d (49% liquids) through organic growth and accretive acquisitions over two years
Journey Energy Inc. engages in the exploration, development, and production of oil and natural gas in the Western Canada Sedimentary Basin. Journey trades on the TSX (Toronto Stock Exchange) under the symbol JOY and also trades on the OTCQX (Over The Counter) market under the symbol $JRNGF in the United States.



Share Structure
Market Cap Market Cap
Authorized Shares
Outstanding Shares
Not Available
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Held at DTC
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Alex G. Verge – President and Chief Executive Officer and Director

Mr. Alex G. Verge serves as the President and CEO of Journey. Mr. Verge has more than 30 years of experience in the oil and natural gas industry and has served as Director and Chief Executive Officer and President of NuVista Energy Ltd. from July 2003 to November 2010 and served as a Vice President of Engineering of Bonavista Energy Corporation and Bonavista Energy Trust (formerly Bonavista Petroleum Ltd.) from January 1998 to June 2003.  Prior to joining Bonavista Petroleum Ltd., he worked in the business development group at Poco Petroleums Ltd. and held various engineering positions at Rising Resources, Shell Canada Resources Limited, and Gulf Canada Resources Inc. Mr. Verge is a Member of the Association of Professional Engineers, Geoscientists of Alberta. Mr. Verge received a Bachelor of Science degree in Chemical Engineering from the University of Toronto and a Masters of Engineering degree in Chemical and Petroleum Engineering from the University of Calgary.

Howard Crone – Director

Mr. Crone is a director of Cequence Energy Ltd. Prior thereto, Mr. Crone was the President and CEO of Cequence Energy Ltd. from July 2009 to September 2010. From May 2009 to July 2009, Mr. Crone was President of a privately held oil and gas company. From July 2004 to May 2009, Mr. Crone was an independent businessman. From August 2003 to June 2004, Mr. Crone was the Vice President and COO of Cequel Energy Inc., a public oil and gas company. Mr. Crone has been a director of numerous public companies during the past 10 years. Mr. Crone has a Bachelor of Science in Chemical Engineering from the University of Alberta and is also a member of the Association of Professional Engineers and Geoscientists of Alberta.

Dana B. Laustsen – Director

Mr. Dana Laustsen served as Executive Vice President and Chief Operating Officer of GLJ.  Mr. Laustsen joined GLJ in 1982 and he later became a principal officer of GLJ in 1994.  Mr. Laustsen was employed by Texaco Canada Resources Ltd. for five years where he received his training in petroleum production and reservoir engineering.  Mr. Laustsen’s background includes detailed reservoir analyses of primary and enhanced recovery projects, SAGD evaluations, ultimate potential studies, merger and acquisition evaluations, fair market value appraisals and expert witness testimony.  Mr. Laustsen has co-authored the water flood section of the Petroleum Society of CIMs Monograph, Determination of Oil and Gas Reserves (Monograph No. 1) and is an author of the Canadian Oil and Gas Evaluation Handbook (COGEH) Volume 2 sections on decline analysis and EOR reserve booking guidelines. He has also published articles in the JCPT on decline analysis.  Mr. Laustsen graduated from the University of Calgary in 1977 with a Bachelor of Science (Honors) in engineering and is a life member of the Association of Professional Engineers and Geoscientists of Alberta.

Ryan A. Shay – Director

Mr. Shay has in excess of 20 years of experience in the oil and gas industry and was Managing Director, Head of Investment Banking at Cormark Securities Inc. until he retired therefrom in June 2016. Mr. Shay was a member of Cormark’s Executive Committee, Risk Committee, Capital Markets Committee, Compensation Committee, Compliance Committee and Audit Committee. Mr. Shay joined Cormark in 1999 as an Energy Research Analyst and was promoted to the Executive Committee of the firm in 2000. Mr. Shay transitioned careers from Research to Investment Banking in 2007 and was promoted to Co-Head of Investment Banking in 2010 and Head of Investment Banking in 2013. Mr. Shay began his career in the investment industry with Peters & Co. Limited in 1996, earning his Chartered Financial Analyst designation in 1999 and was formerly with Deloitte & Touche in 1993, earning his Chartered Accountant designation in 1996. Mr. Shay received his Bachelor of Commerce from the University of Saskatchewan and graduated with Great Distinction. Mr. Shay also sits on the National Board of the Juvenile Diabetes Research Foundation (“JDRF”) since 2011 and is on JDRF’s Audit and Finance Committees.

Craig H. Hansen – Director

Mr. Hansen has been the President and CEO of Zargon Oil & Gas Ltd. and its predecessor, Zargon Energy Trust, since 1993. Mr. Hansen obtained a B.Sc. (Hons.) in Chemical Engineering from the University of Alberta in 1978 and is a professional engineer registered with the Association of Professional Engineers and Geoscientists of Alberta. Mr. Hansen was employed with Dome Petroleum Ltd. (1978-1980) and NRG Engineering Ltd. (1980-1984). He founded C.H. Hansen Engineering Ltd., an engineering consulting company, which provided reservoir, exploitation, and acquisition engineering services during the period 1984 through 1993. Mr. Hansen is a member of the Executive Committee of the Board of Directors of the Canadian Association of Petroleum Producers (CAPP).

Jeffrey K. Bowers – Director

Mr. Bowers is an oil and gas executive with over 27 years of financial experience in the energy industry. He is a founder of Western Energy Services Corp., a publicly listed contract drilling and well servicing company, currently holding the position of Senior Vice President Finance, Chief Financial Officer and Corporate Secretary. From 2008 to 2009, Mr. Bowers held the position of Chief Financial Officer with Horizon Drilling Inc., a private drilling contractor. From 2005 to 2008 Mr. Bowers was the Chief Financial Officer at FracSource Inc., a private oil and gas well stimulation company, from its start up to its divestiture in 2008. Prior thereto, he held various domestic and international positions at Precision Drilling Corporation, TC Energy Corporation and Nowsco Well Service Ltd. Mr. Bowers is a Chartered Professional Accountant who holds a Bachelor of Commerce degree in accounting from the University of Saskatchewan


Journey Energy Inc.
Suite 700, Centre 10,
517 10th Avenue SW,
Calgary, AB  T2R 0A8 – Canada

Main   :  403.294.1635
Fax      :  403.232.1317
Email  :   info@journeyenergy.ca

Toll Free: 1.888.294.1635

The day JRNGF board was born

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JRNGF News: Journey Energy reports Q1 results 05/07/2021 10:20:49 PM
JRNGF News: Journey Energy reports Q4 results 03/09/2021 10:18:07 PM
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