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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 > Kavern - Any update on production of those new wells?
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Comment by cfliesseron Sep 22, 2022 1:49pm
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Post# 34979629

RE:RE:RE:RE:RE:RE:RE:RE:Kavern - Any update on production of those new wells?

RE:RE:RE:RE:RE:RE:RE:RE:Kavern - Any update on production of those new wells?debt plays a part yes.

But I think the MAIN reason IPO is worth more than YGR today is that they SHOWED large production growth from 2021 to 2022. They got return on capital deployed. YGR spent the same money and got less back.

YGR did NOT show production increases like IPO did. But if they do, which kavern is suggesting then they should be rerated accordingly.

The market wants to see success, not hope for it.

Hope is for people like me and you who want to buy the underdog and hope for a success story.
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