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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 Hendrick3on Mar 07, 2024 10:47am
64 Views
Post# 35920445

RE:Q4

RE:Q4 The bright spot was the reserves report where they more or less tripled production in reserves additions in all 3 categories. The NAV discount ygr has is the biggest in the industry. The horrible quarter is more than baked into the price. Probably a few more weeks in the doghouse until all the weak hands have sold off.  If natural gas price gets back over $2.50, this stock should do very well. 
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