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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 > Wow…cardium speaks
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Comment by TheRexmemberon May 12, 2024 1:47pm
76 Views
Post# 36035958

RE:RE:RE:Wow…cardium speaks

RE:RE:RE:Wow…cardium speaks

YGR production dow 10% in quarter- free cash went up because they stopped spending. And when they stopped production fell off a cliff. The enterprise value is only comparable because of the Higher debt at YGR. 

Yangarra is more like Petrus pre recap now. 

If prices stay bad for 12 months they are going to be in some trouble. 

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