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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 > Bargain days
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Comment by kavern23on Feb 16, 2022 7:00pm
90 Views
Post# 34435827

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bargain days

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bargain daysAnd Rex...your whole 50-50 thing which you seem set on doesnt even
make sense if you reconcile back to guidance...

The Company's Board of Directors has approved a capital budget of $105 million for 2022, which includes the drilling of 30 gross wells. 

Gross wells are total.  Net is like 26 wells to YGR.  If we were 50-50....we wouldnt have 26 net wells...and YGR CAPITAL budget wouldnt be 105M if we were doing 50-50 JVS.

Our capital budget is 105 m cause we are doing it majority owned.


TheRexmember wrote: Well Kav is wrong. Its Orlen. And its 50/50.

They do have an IRndepartment guys.


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