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Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

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

Comment by cfliesseron Mar 25, 2022 10:36am
127 Views
Post# 34545241

RE:RE:Feb Production

RE:RE:Feb ProductionNot that close to ARX.

YGR gets more proft from the oil than the Nat Gas. Its like 28% of production.
Oil sells for 100$CAD, while Nat Gas for $30-50 per BOE...
So even though looks like lots of gas, its less impactful to the bottom line.


See ARX here: Oil is only like 2% of total BOE production. Very small amount.
Lots of NGLs

2022 Guidance

Crude oil (bbl/day)

7,000 - 9,000

Condensate (bbl/day)

72,000 - 78,000

Crude oil and condensate (bbl/day)

79,000 - 87,000

Natural gas (MMcf/day)

1,240 - 1,280

NGLs (bbl/day)

49,000 - 51,000

Total (boe/day)

335,000 - 350,000


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