Yangarra Resources Ltd T.YGR

Ygr Presentation from Peter’s and Co Conference

[margaritaman]

https://vimeo.com/864033919/76f693dcf3

[kavern23]

Good Presentation, thanks for sharing. I wish they would have asked on hedging a question. If 2024 is 120 cad hedge price for the year,,,average of 85...I think companies should be hedging like heck right now. With ng prices so low, I think downside is so bad if oil ever hit even 80 cad in 2024. 120 is so profitable. Shouldnt lower NG hedge curve make oil hedging more attractive escpially for

[kavern23]

Really impressive to hear they can drill a 2 mile well in 8 days.  For pespective, Petro Bakken was doing a shallower vertical depth 1 mile cardium well for 4.5m in 2010-2011 ish range some year like that, not worth the effort to look. YGR doing double length and 3 to 3.5m per well. Anyway shows just how things have changed.

[nearpeakfreak]

I also liked the presentation. I was wondering if anybody can enlighten me on the dart completion methadology. Is this a game changer as well as drilling 2 mile wells in 8 days seems to be. NPF

[kavern23]

No expert on this, but I think the "dart"...is a programabe and disolvable tool you send down the tool to place the fracs.  Should allow precise placement. The benefit of this is you don't need wireline or coil tubing to clean well out after the frac and get the well going.  The dart dissolves. However without use of coil tubing or wireline, well is likely to take more

[nearpeakfreak]

Kavern23 your a gentleman and a scholar. That was good info , thank you for all you bring to this board.  I used to think I was a master of the internet search but that changed about a year or two ago. Now I find my search is channeled to some path of profit for the search engine or their sponsers. NPF