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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 > absolute steal by Peyto with the Repsol takeout
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Post by Flush11on Sep 06, 2023 5:55pm
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Post# 35622865

absolute steal by Peyto with the Repsol takeout

absolute steal by Peyto with the Repsol takeoutlots of land west and north of YGR in this acquisition. what a great price. They paid PDP after the assets had no drilling  for about 3 years, which dropped the decline rate dropped to 12%. A great price and a cogen was thrown in. Hopefully they sell off some bits to the cardium players.


https://ca.finance.yahoo.com/news/peyto-announces-strategic-acquisition-concurrent-203900635.html

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