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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 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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Comment by DerekTon Mar 19, 2020 1:33pm
122 Views
Post# 30827078

RE:AECO remains strong above C$2 and Spring Breakup in Q2

RE:AECO remains strong above C$2 and Spring Breakup in Q2"Additionally, YGR has very low CapEx in Q2 due to spring breakup, so ALL the operating cash flow in Q2 will go for debt reduction bringing the leverage again below 2 times."

With oil prices this low the leverage will increase in Q2 despite the mild debt reduction. Leverage will be going up and up at these prices.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities
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