Yangarra Resources Ltd T.YGR

Alternate Symbol(s): YGRAF

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 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

Bullboard Posts

Post by lemeilleuron May 09, 2018 6:03pm

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Post# 28007997

debts are increasing

2018		2017
Net Debt - beginning of period		$	(93,533,252)	$	(65,005,805)

	Funds flow from operations	18,637,949		52,902,650
	Additions to property and equipment	(31,312,146)		(83,472,094)
	Decommissioning costs incurred	-		(95,433)
	Additions to E&E Assets	(5,048,211)		-
	Issuance of shares	3,307,797		2,179,593
	Other	(71,928)		(42,163)
	Net Debt - end of period	$	(108,019,791)	$	(93,533,252)

2018		2017
Net Debt - beginning of period		$	(93,533,252)	$	(65,005,805)

	Funds flow from operations	18,637,949		52,902,650
	Additions to property and equipment	(31,312,146)		(83,472,094)
	Decommissioning costs incurred	-		(95,433)
	Additions to E&E Assets	(5,048,211)		-
	Issuance of shares	3,307,797		2,179,593
	Other	(71,928)		(42,163)
	Net Debt - end of period	$	(108,019,791)	$	(93,533,252)