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.

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Yangarra Resources Ltd > One reason why share buy back preferable at YGR for BOD

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Post by pennydredfulon Sep 23, 2022 8:57am

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Post# 34981261

One reason why share buy back preferable at YGR for BOD

Here I am talking NCIB not substantial issuer bid. Historically and currently YGR has a fair # of employee and executive options outstanding . Cash dividends devalue these options however share buybacks enhance them IMO provided done in the market not at a premium .

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