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.

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Yangarra Resources Ltd > Management pay

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Comment by kavern23on Apr 13, 2024 4:32pm

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Post# 35987685

RE:RE:RE:RE:Management pay

Penny i respectful disagree...the only reason ygr should ever borrow and increase debt right now with aeco curve so low until fall is if good oily unveloped land came up for sale in Ferrier.
otherwise any dollar should be on debt.

I could see the reason to start share buybacks even at 100m in debt if ng is even 2 bucks

I think to drill buybacks even at 1.50 aeco ygr needs to be at 80m like management says

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