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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 personalon Jul 16, 2019 12:04pm
102 Views
Post# 29925254

RE:RE:RE:YGR's CEO added 10,000 shares at C$1.88 yesterday

RE:RE:RE:YGR's CEO added 10,000 shares at C$1.88 yesterdayHeard a big fund company from Vancouver is (was) selling a lot (1-2 million shares) because they want out of oil and gas companies in Canada.
It's too bad they did not call the company to help them find a buyer for the shares.
I think the company can do a better job of communcating to he shareholders though, ie, they get Edmonton par for the price of oil which is 4-5 dollars less than WTI and not th Western Canadian oil price which is a lot less than WTI.

Also heard they produced around 13,000 BOE (in line with guidance), this should translate to 24 million in cash flow, my calculation is 1.5 times cash flow,

Wow, ridiculous
Bullboard Posts