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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 > Q3 Benchmark prices
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Comment by masfortunaon Oct 26, 2022 12:46pm
66 Views
Post# 35050332

RE:RE:RE:RE:Q3 Benchmark prices

RE:RE:RE:RE:Q3 Benchmark prices
kavern23 wrote: No dude, exchange was 77-78 cents all of July and August and exchange rate only tanked in last 20 days of Sept.
Basically every currency sinking so much mid-sept against USD is one of the things that makes me cautious as f*ck to me in any type of commodity.  One more big leg down on currencys against USD will cause big demand destruction as it will get too expensive. Commodities are prices in USS. Look at the yen...punishing Japans oil imports.

Spos01 wrote:
Not sure how much difference the exchange rate would make. But for Q3 the average Forex is closer to .75.




It looks like the US dollar is weakening and may have already peaked if that is your concern.

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