Sign Up for FREE Daily Energy News
Hazloc Heaters
Copper Tip Energy Services
WEC - Western Engineered Containment
Hazloc Heaters
Copper Tip Energy
WEC - Western Engineered Containment

Journey Energy Inc. provides banking update

CALGARY, AB – Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) (“Journey” or the “Company“) announces an extension to the forbearance agreement with its banking syndicate.

Journey reports that it has reached an agreement with its syndicate of lenders to extend the current forbearance agreement until August 19, 2020.  Journey and its lending syndicate continue to discuss the best path forward to deal with the repayment of its bank borrowings. This extension of the forbearance period will allow Journey additional time to keep pursuing a solution.

Journey Energy Inc.
700, 517 – 10th Avenue SW
Calgary, AB T2R 0A8
www.journeyenergy.caNo securities regulatory authority has either approved or disapproved of the contents of this press release.

Share This:

More News Articles

New SHOWCASE Directory Companies


Challenger Geomatics
Caliper Inspection
CDN Controls
Environmental Mats
Gemini Fabrication
Canline Pipeline Solutions
DyCat Solutions