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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 Cardboard1on Feb 07, 2020 2:33pm
105 Views
Post# 30659681

RE:RE:RE:RE:RE:RE:RE:Current production @ 13500 eom

RE:RE:RE:RE:RE:RE:RE:Current production @ 13500 eom "The total number of Shares that Yangarra is permitted to purchase is subject to a daily purchase limit of 58,819 Shares, representing 25% of the average daily trading volume of 235,279 Shares on the TSX calculated for the six-month period ended October31, 2019; however, Yangarra may make one block purchase per calendar week which exceeds the daily repurchase restrictions."

Don`t hold your breath although. Managers of this company prefer to spend it on infrastructure to grow to 25,000 boe/d, land to increase further 2P of uneconomic reserves or that will never be exploited and drilling of wells that look amazing but, turns into duds.

Bullboard Posts