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Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

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

Bullboard Posts
Comment by derbon99on Apr 26, 2019 3:19am
102 Views
Post# 29673089

RE:RE:My take on Q1

RE:RE:My take on Q1Welcome to the ygr fan group Darcy and thanks for your very interesting posts
Kavern: i was very bullish on q1 prod but the management told me the q1 will be impacted by the extreme cold of Jan- feb + the fact they needed to stop producing while drilling from existing pad
overall q1 should be very flat (est 12500)
they have ramped up the production in March and should be around 14000 now
CFO confirmed the 60-40 capex (infrastructure is part of the s1 capex)
On gor expect 45-50 for the year 

Reasons why still being fully invested, i don’t share your exaggerated enthusiasm 

Bullboard Posts