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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

Post by pennydredfulon Apr 13, 2024 3:59pm
94 Views
Post# 35987654

Compensation for directors was 110K each

Compensation for directors was 110K each Too   much  for  attending a  few meetings a year  and  a handful  of  conference calls.  YGR  has  a large  deffered  tax account  ( not  a bad thing)  but  they  need  to  keep  CAPEX  up  to a certain degree  to keep  the  Taxman  at  bay.  
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