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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 kavern23on Nov 20, 2023 10:55pm
85 Views
Post# 35745699

RE:RE:RE:RE:RE:RE:Guyana Venezuela dispute

RE:RE:RE:RE:RE:RE:Guyana Venezuela disputeGuyana production growth is being felt as it is such high quality oil for refineries to make gasoline.
Lots of this oil is going to Europe. Middle East is losing the oil sale when Brazil or Guyana increase production.
'Guyana and Brazil have both been asked to join opec before and declined.

As long as Europe is a willing buyer in need of oil, kinda makes sense for these countries to increase production fast. Guyana last 250k increase was faster than target.
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