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

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Comment by InvestLargeCon Nov 21, 2019 3:32pm

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Post# 30379677

RE:These Drillheads just don't get it..............

This guy speaks about hedging while YGR sells 100% unhedged natural gas at AECO prices which are 70-100% higher now than 2018 and 200% higher than the last summer:

COMMODITIES
				\|				Average
		11/20/19	$	\|	11/20/18		18/19	Price
Natural Gas		Close	Change	\|	Close		Change	YTD
		—————-	————		————–		————	————–
Daily Spot AECO	(C$/mmbtu)	2.88	0.15	\|	1.61	^	1.27	1.70

And here is Edmonton prices for its light oil production. +100% from the same period of 2018:

				\|				Average
		11/20/19	$		\|	11/20/18		18/19	Price
Crude Oil		Close	Change		\|	Close		Change	YTD
– Daily Spot –		—————-	————			————–		————	————–
Syn. Swt. SCO @Edmonton	(US$/bbl)	55.11	2.51		\|	27.43	^	27.68	56.72
Edmonton Mixed Sweet	(US$/bbl)	49.71	2.77		\|	24.43	^	25.28	52.03