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.

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Yangarra Resources Ltd

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Comment by derbon99on May 10, 2019 5:45am

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Post# 29732670

RE:RE:RE:My take on Q1

A little bit disappointed by the CAPEX and production figure at first sight but otherwise okish report. Q2 will be better and then the production should ramp up with 15 wells more to drill mainly in the prolific South Ferrier (300 tier one locations remaining in Ferrier 37/8 & 37/9) I can imagine something like 13'500/13500/14700 for a year average of 13400 in terms of production, 115M Capex and 135M CF WTI assumptions Q2 63 / Q3 66 / Q4 66

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