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Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Energy Oil & Gas E&P
Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has an interest in approximately 184.5 sections (118,080 acres) in this field, which is located around the town of Rocky Mountain House, Alberta. The company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on exploiting the prolific bioturbated zone as part of the entire Cardium package.


TSX:YGR - Post by User

Yangarra Resources Ltd
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Post by auburn2on Oct 04, 2019 1:05pm
167 Views
Post# 30197208

On second thought

On second thoughtGTE does look much better. YGR has to pour much more cash flow into maintain production. GTE being a conventional producer has much more cash flor for growth and exploration. The financials speak for themselves. YGR also has much more relative debt, compounding the situation.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities