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 > National Bank has this as the cheapest junior they cover

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Comment by kavern23on Apr 18, 2022 5:33pm

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Post# 34611469

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:National Bank has this as the cheapest junior they cover

What we need too see to be excited about ng long term prospects is major North American fields being depleted...that is what will keep ng at 5-6 dollars sustainable.

as long as Montney...Permian...and marcell. Are nowhere close to being drilled oversupply will always cap things on ng.

go to northern Alberta...gas plant capacity and pipe will be issue not labour or rig or pipe.

kavern23 wrote:

Lol of course Wall Street analysts say that...they are bigger gainers from a bubble spike.
I run the minute see Wall Street analysts.

Notice companies like Peyto have 5 rigs working through spring break up....they know know once in life time opportunity...

Service companies wouldn't be doing abandonment work if things were so hot

gilllis wrote: ‘Too Many Constraints’ to Rapidly Boost Lower 48 Oil, Natural Gas Production, Experts Say - Natural Gas Intelligence