Journey Energy Inc. Reports Production Results for the Second Quarter and Six Months Ended June 30, 2019; Provides Production Guidance for the Full Year 2019
For the six months, the company reported production of natural gas volumes of 29,250 mcf/d against 32,134 mcf/d a year ago. Production of crude oil was 3,850 bbl/d against 3,968 bbl/d a year ago. Production of natural gas liquids was 563 bbl/d against 752 bbl/d a year ago. Barrels of oil equivalent were 9,288 bbl/d against 10,076 bbl/d a year ago.
The company provided production guidance for the full year 2019. For the year, the company expects annual average production to be in the range of 9,000 boe/d to 9,400 boe/d.