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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 > YGR Dumping into Earnings
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Comment by margaritamanon Mar 06, 2024 7:47pm
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Post# 35919383

RE:RE:RE:RE:YGR Dumping into Earnings

RE:RE:RE:RE:YGR Dumping into EarningsKav. Not looking for change in strategy. Still see them as a low cost producer that continues to grow in the halo cardium. Previous well results (pre 2023 support this). Changes need to be more tactical.  As mentioned on this board recently, they need a professional engineer / geologist in a move to improve well results. Also on the tactical front they should taper 2024 capital and stick to tried and true completion methods to stabslize production in the 12000 boe range. 
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