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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 cfliesseron Mar 06, 2023 6:33pm
71 Views
Post# 35322515

RE:6 to 7 ish million share financing

RE:6 to 7 ish million share financingMy only thought... Q1 capex will be the highest of all Qs this year.

With prices low, probably limited debt repayment.

Perhaps wanted to hit debt target earlier? While still having capex weighed front end.

Could be that they didn't really plan this but with other companies doing this they jumped on the
bandwagon.....

But not great I think, but also not that bad. For me neutral.


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