Last C$0.49 CAD
Change Today +0.01 / 2.08%
Volume 67.6K
JNX On Other Exchanges
As of 10:20 AM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

junex inc (JNX) Snapshot

Previous Close
Day High
Day Low
52 Week High
02/14/14 - C$1.19
52 Week Low
12/16/14 - C$0.23
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for JUNEX INC (JNX)

Related News

No related news articles were found.

junex inc (JNX) Related Businessweek News

No Related Businessweek News Found

junex inc (JNX) Details

Junex Inc. operates as an oil and natural gas exploration company in Quebec, Canada. The company’s properties are located in sedimentary basins in the St. Lawrence Lowlands, on the Gaspé Peninsula, on Anticosti Island, and in the Appalachian region. It holds exploration rights on approximately 5.2 million acres of land located in the Appalachian basin. The company also sells natural brine; and provides oil and gas well drilling services. In addition, it offers geophysics and geology consulting services to its partners that operate in oil and gas exploration. Junex Inc. was founded in 1999 and is based in Québec City, Canada.

Founded in 1999

junex inc (JNX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$159.7K
Co-Founder and Chairman
Total Annual Compensation: C$90.0K
Chief Financial Officer, Vice President of Co...
Total Annual Compensation: C$113.7K
Vice President Operations
Total Annual Compensation: C$99.4K
Compensation as of Fiscal Year 2013.

junex inc (JNX) Key Developments

Junex Inc. Provides Update on Operations at Galt No. 4 Horizontal Well

Junex Inc. announced that it is nearing the end of its swabbing/well cleanup operations at its Galt No. 4 Horizontal Well that it performed in preparation for oil production testing that is planned for January 2015. These swabbing/well cleanup operations were performed to remove the maximum volume of drilling fluids that were remaining in the wellbore in order to permit the entry of oil from the Forillon oil reservoir into the well. Junex will be installing the downhole portion of the oilfield pump and related equipment in the well in the next few days. Industry specialists from Houston will be on location in early January 2015 to install of the surface pumping equipment, after which the final well cleanup operations will be completed. Once these are completed, Junex will then commence oil production testing operations in the well.

Junex Inc. Strikes Oil in Galt No. 4 Horizontal Well

Junex Inc. announced an oil discovery in its Galt No. 4 Horizontal Well that it drilled using its wholly-owned Foragaz No. 4 drilling rig. Having finished drilling on November 20, 2014, this is the first horizontal oil exploration well ever drilled by industry in Quebec. This well is situated approximately 20 kilometers west of the town of Gaspé in eastern Quebec. This well was horizontally drilled from the existing Galt No. 4 Vertical wellbore to a total measured depth of 2,400 meters, of which 1,503 meters was drilled within the oil reservoir. Numerous significant oil shows associated with fracture porosity were recorded during the drilling of the oil reservoir. Detailed downhole well logging, using specialized instruments, was performed after the drilling of the well and this clearly indicates that the Forillon oil reservoir is intensely fractured. This well has met objective of intersecting the maximum number of near-vertical, natural fractures in the Forillon oil reservoir. The well was drilled on-budget in a record time of 37 days (versus forecast of 55 days) in an area renowned for its 'tough' drilling. An average drilling rate of 7 meters per hour was achieved in the Forillon oil reservoir, which, following optimization of the drilling parameters, attained drilling rates in the 20 to 25 meters per hour range. This improvement in drilling rates is a testament as to the ongoing management and optimization performed by Junex's employees during the drilling of the well and this knowledge will be applied in the drilling of future wells on Galt Oil Property. Junex's Foragaz No. 4 drilling rig will soon be moved to the Junex Galt No. 5 Horizontal wellsite in preparation for drilling in 2015.

Junex Inc. Starts Drilling its Galt No. 4 Horizontal Well

Junex Inc. announced that it started drilling its Junex Galt No. 4 Horizontal well with its recently-acquired, 3,000 meter-capacity Foragaz No. 4 drilling rig. The company also announced reception of a new drilling permit from the Quebec government for its next horizontal well on the property, the Junex Galt No. 5 Horizontal well, which the Company intends to drill following the Galt No. 4 Horizontal well. The Galt No. 4 Horizontal well is being drilled from the existing Junex Galt No. 4 vertical wellbore towards the Galt No. 3 well and is designed to optimally intersect the maximum number of open, near-vertical, natural fractures in the Forillon Formation reservoir. The initial production rate of 180 barrels of light oil per day recently achieved during a production test in the Junex Galt No. 3 vertical well, that emanated from only a few near-vertical fractures in the well, demonstrated the potential of the Forillon reservoir on the Galt Oil Property and permitted the Company to review and finalize its plans for testing of the Galt No. 4 Horizontal well in the event that it is successful. Junex holds a 70% interest in the Galt Oil Property and 100% interest in the adjacent acreage. The adjacent 100% Junex acreage has not yet been independently evaluated for its resource potential. These landholdings are situated approximately 20 kilometers from the town of Gaspé in eastern Quebec.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
JNX:CN C$0.49 CAD +0.01

JNX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for JNX.
View Industry Companies

Industry Analysis


Industry Average

Valuation JNX Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 37.0x
Price/Book 0.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 23.7x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact JUNEX INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at