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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 TheRexmemberon Sep 23, 2022 1:26am
101 Views
Post# 34980946

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

I don't really know anything on the drilling. They don't give us much info so we have to infer a lot.

i watched Garg's video and it drove home some of the industry perception of their drilling. I feel like it has changed though and a lot of money can be made by being early before the market believes it.  Like IPO last year when they had some drilling surprises. 

If they can exit close to 14k with decent winter gas prices Q1 should be a cash flow rocket. 

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