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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 30, 2023 2:06am
90 Views
Post# 35760279

RE:What Should be Obvious

RE:What Should be ObviousThe counter to that though would be Inplay drills as tight as 6 wells per section and Yangarra has done 8 sucessfully in Ferrier before...ie in getting  more reserves economically drained and recovery rate higher.

But I do agree something is seems wierd in cheddarville. like this last 2 miler was well spaced in cheddar.  

hard to say why. 

what confuses is if they were spaced too tight in cheddar wouldnt still be high intiial NG for a few months? if fraced at same time should still get some high ng for awhile before wells really just drops.
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