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Yangarra Resources Ltd YGRAF


Primary Symbol: T.YGR

Energy Oil & Gas E&P
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

Yangarra Resources Ltd > Capex q1
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Comment by kavern23on May 02, 2024 10:33am
76 Views
Post# 36019425

RE:RE:RE:RE:RE:Capex q1

RE:RE:RE:RE:RE:Capex q1I am not compounding assumptions...a fact is over last 6 months...total drilling, completion and equipment costs are 15.7m in q4 2023 and 15m in q1 2024. So like 31m over last 6 months.
then compare how many wells they have tied in since then in last 6 months.

Start reading Rex.  More than making lease sites.

Cheaper pipeline costs.
Cheaper facility costs.
etc

saturn just said they spent 4.51m per cardium well.
Ygr isn't spending close to that per 2 mile well. Reconcile the last 6 months.


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