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Journey Energy earned $25.9M in 2025, cut debt 16%, and plans $50–65M in 2026 Duvernay spending.
Journey Energy Inc. reported $25.9 million in net income and $71.0 million in adjusted funds flow for 2025, with earnings of $0.39 per basic share.
The company reduced net debt by 16% to $50.6 million, completed five non-core divestments for $6.8 million, and cut end-of-life costs by $23 million.
In the Duvernay play, 8 wells were drilled, with 7 producing 1,570 boe/d, 79% liquids.
Proven plus probable reserves grew significantly, with NPV@10% rising to $4.82 per share.
The company plans $50–65 million in 2026 spending on Duvernay development, including infrastructure, with $15 million net to Journey.
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Journey Energy recaudó 25,9 millones de dólares en 2025, redujo la deuda en un 16% y planea 50–65 millones de dólares en el gasto de Duvernay en 2026.