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Yangarra Resources Ltd YGRAF


Primary Symbol: T.YGR

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 kavern23on Mar 31, 2024 10:47pm
73 Views
Post# 35962136

RE:PRQ February Update Out

RE:PRQ February Update OutAlso fact Petrus had lower oil production in January from cold weather putting wells offline for a few days.  That 60 bb/d month could even be from mostly better run time, hard to say.

the terms of these 2 boomers could be ygr gets a higher production share until wells are paid off and then Petrus gets more of an interest in the two wells.

not impossible those 2 boomer wells are paid off here in end of march.

so Petrus April oil numbers will tell alot on how this jv works.

these 2 boomers really set up 2024 to be good, such good news
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