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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
Post by OOU812on Feb 09, 2020 11:00am
120 Views
Post# 30663992

APPLYING 20% RISK FACTOR TO PREVIOUS UN-RISKED TYPE CURVES

APPLYING 20% RISK FACTOR TO PREVIOUS UN-RISKED TYPE CURVESThat explains why the numbers in the latest presentation are quite a bit different than previous presentations.Most of the production numbers on page 13 have dropped by 20% because of this
change.I don't know what possessed them to do this.Maybe they thought the shorts needed more ammunition.

https://www.yangarra.ca/wp-content/uploads/2020/02/Yangarra-Corporate-Presentation-February-2020.pdf




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