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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 kavern23on Apr 18, 2022 6:37pm
59 Views
Post# 34611637

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:National Bank has this as the cheapest junior they coverI thought USA deal was 50 billion cubic metres a year...not sure what that is in BCF...


ppp wrote: We forecast that U.S. natural gas marketed production will increase to an average of 104.4 billion cubic feet per day (Bcf/d) in 2022 and then further increase to a record-high 106.6 Bcf/d in 2023, according to our latest Short-Term Energy Outlook (STEO). Around 97% of production over the next two years will come from the Lower 48 states (L48), excluding the Federal Offshore Gulf of Mexico (GOM). The other 3% will come from Alaska and the GOM.

So they say 2 BCF a day 14 bcf a week. Exports are up 50 billion a week 


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