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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

Post by fullyautomaticon Mar 31, 2022 3:46pm
218 Views
Post# 34564360

q1

q1My estimated Q1 sales is 57.5 Mil----- forward price to MC to sales around 1x  !!

Spend estimate is 29.5 Mil

Leaving $28 Mil for debt reductions/ small land purchases!?

Anyway you look at, one could not have hoped for a better start to 22. With the rig running steady always have the hope of hitting a big big gusher. No way I'm selling mine here. Good Luck out there
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