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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 > Have we started to turn the corner?
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Comment by TheRexmemberon Mar 06, 2024 11:29pm
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Post# 35919633

RE:RE:RE:RE:RE:RE:RE:Have we started to turn the corner?

RE:RE:RE:RE:RE:RE:RE:Have we started to turn the corner?

Money is available but you are right its a bit expensive for now. I bet it comes down a little over the next couple years. BUT, balance sheets are in great shape almost across the board, gas prices will recover pretty quickly and OBE has a ton of JV locations. Some also have no problem accessing debt and equity. SOIL and IPO for example. 


 

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