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Bullboard - Stock Discussion Forum 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... see more

TSX:YGR - Post Discussion

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Post by cfliesser on Aug 01, 2023 8:02am

ATH sale

Just sold 3000 boe for 160M (45% liquids).

That's almost the market cap of YGR...
Comment by kavern23 on Aug 01, 2023 10:52am
Very surprising, those asets sold get water fairly quickly,.not that great compared to other montny land. Kiwetinohk is nearby and would have nought them if great assets. Great price and move by ATH, Deals look to be happening this summer. Pipestone gone to Sthrathcona. Entrada should be sold soon. Man their production is low and they are not drilling.
Comment by TheRexmember on Aug 01, 2023 11:36am
Kav I wonder about Entrada.  The way a lot of takeovers are happening they are moving the effective acquisition dates around way more than they used to. It might be a tell.  for example TNZ backdated their last deal to January 1, when it took place in July. Maybe the drilling spend is telling us something?  pipestone trading down hard. Is this a takeunder?  
Comment by kepiyal87 on Aug 01, 2023 11:51am
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