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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
Bullboard Posts
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(1)
•••
Comment by InvestLargeCon Nov 30, 2019 9:51am
109 Views
Post# 30408564

RE:RE:Q4 starting strong

RE:RE:Q4 starting strong
OOU812 wrote:
sculpin2 wrote: 2 top ten Cardium wells

Top Cardium Monthly Volumes Seen in October 2019

Well Name                                  Formation                  Vol bbls Gas mmcf Oil bbls/d Hours Mth On

YANGARRA HZ 102 CHEDDER 4-17-37-7 Kcard_ss 8,738 44 289               725                2019/08

YANGARRA HZ CHEDDER 4-17-37-7Kcard_ss         8,409 44 277               728                2019/08

Well ID's
102/04-17-037-07W5/00
100/04-17-037-07W5/02


With drilling results like that I can understand their hesitancy to buy back shares.
How can it be that such a good company is still further ahead buying back shares. 
When insanity rules the land Yangarra is in command.
 
"It's far better to buy a wonderful company at a fair price than a fair company
at a wonderful price" WB
How about a wonderful company at a wonderful price.The Holy Grail of value investing.
 




I've read a comment about the Canadian O&G, 

I think after years of justified pessimism, we can't handle any bullish news, because we fear they will disappoint us in the future...

And this sentiment of fear and defeatism is renewed days like yesterday in oil prices.


 

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