10% holder selling at Journey Energy (JOY)

10% holder selling at Journey Energy (T:JOY)

MIE Maple Investments Limited, a 10% Holder, disposed of 12,700,000 Common Shares on a direct ownership basis at a price of $1.680 through a private transaction on February 2nd, 2018. This represents a $21,336,000 divestment of the company's shares and an account share holdings change of -77.6%.

Journey Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Journey Energy Inc (Journey) is a Canada-based exploration and production company. The Company is engaged in the exploration, development and production of oil and natural gas in the Western Canada Sedimentary Basin. The Company is focused on conventional, oil-weighted operations in western Canada. Journey's Central Region is located west of Edmonton. Journey's South Region is located southeast of Calgary. The Company has drilled approximately 40 horizontal wells. The Company holds interests in approximately 300 oil pools along a prolific resource fairway. The Company is engaged in developing approximately five pools, and operating over eight water floods and a gas reinjection project. The Company is also involved in drilling its existing core lands, implementing water flood projects and executing on accretive acquisitions.