Correction to November 5, 2025 Press Release

Journey Energy (TSX: JOY; OTCQX: JRNGF) issued a correction on November 6, 2025 to its November 5, 2025 press release.

Rhea-AI Summary

Journey Energy (TSX: JOY; OTCQX: JRNGF) issued a correction on November 6, 2025 to its November 5, 2025 press release.

The company corrected two items: the Gilby power generation asset in-service date is 2026 (not 2025), and the reported net Duvernay wells figure is 1.2 (not 2.8). Contact details for CEO Alex Verge and CFO Gerry Gilewicz were provided for further information.

Positive

• Clarifies Gilby in-service date as 2026
• Corrects net Duvernay wells to 1.2 from 2.8

Negative

• Previous release overstated Duvernay net wells (2.8 vs 1.2)
• Gilby in-service moved from 2025 to 2026

Argus Nov 6 session

-2.13% close to close Open Argus

Details

News Market Reaction – JRNGF

On Nov 6, the day this news came out, JRNGF closed 2.13% below the previous close.

Data tracked by StockTitan Argus for the Nov 6 session.

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Calgary, Alberta--(Newsfile Corp. - November 6, 2025) - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company").

Journey announces corrections to certain information disclosed in its November 5, 2025 press release as follows:

In the Highlights section on page one of the previous press release, the reference to the in-service date for the Gilby power generation asset should be 2026 not 2025.

In the Operations Section on page 3 the reference to "2.8" net Duvernay wells should be "1.2".

For further information contact:

Alex G. Verge President and Chief Executive Officer 403-303-3232  alex.verge@journeyenergy.ca	or	Gerry Gilewicz Chief Financial Officer 403-303-3238 gerry.gilewicz@journeyenergy.ca
Journey Energy Inc. 700, 517 - 10th Avenue SW Calgary, AB T2R 0A8 403-294-1635 www.journeyenergy.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273490

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What correction did Journey Energy (JRNGF) announce on November 6, 2025?

Journey corrected the Gilby in-service date to 2026 and net Duvernay wells to 1.2.

How many net Duvernay wells did Journey (JRNGF) report after the correction?

The corrected net Duvernay wells figure is 1.2.

When is the Gilby power generation asset now expected to be in service for Journey (JRNGF)?

The Gilby asset in-service date is corrected to 2026.

Where can investors get more information about Journey Energy's correction (JRNGF)?

Contact CEO Alex Verge or CFO Gerry Gilewicz using the phone numbers or emails provided in the correction.

Does the November 6, 2025 correction change Journey (JRNGF) operational figures previously disclosed?

Yes; it revises the Gilby in-service date and reduces the reported net Duvernay wells.