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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 developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on... see more

TSX:YGR - Post Discussion

Yangarra Resources Ltd > OBE earnings
View:
Post by cfliesser on Aug 02, 2023 10:14am

OBE earnings

Ouch, I find this to be simply horrible, but I guess market was expecting a bad report. Much more surprising is the low debt reductions and lack of production growth.

Not much good happening there.
Comment by TheRexmember on Aug 02, 2023 11:13am
OBE. Great viking results although the way it was released was very promotional "peak rates at 293 per..."  still IP30 of 190 barrels in the oily part is very good. Crimson is very gassy where they are drilling, too bad.  The market wants to hear about clearwater delineation, or at least I do. 500 sections prospective for...what?
Comment by kavern23 on Aug 02, 2023 1:57pm
That is why BNE share price is puzzling? Is some good in fact OBE is in position to not have to drill so much. Only doing 12 cardium wells for year.