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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 margaritamanon Nov 23, 2023 8:08am
112 Views
Post# 35749716

RE:RE:RE:RE:80m theshold....

RE:RE:RE:RE:80m theshold....Thanks for sharing. Your post echos much of what Mr. Gill said to me yesterday during a call I had with him. I support the decision to remain focused on debt reduction and once the target is reached then look at a return of capital. If the market can support $2.50 AECO and $75 WTI with 14000 BOE/D we should see that return in Q4 2024. Earlier if commodity prices cooperate. 
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