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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 oilyexecon Feb 09, 2020 12:16pm
91 Views
Post# 30664155

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

RE:APPLYING 20% RISK FACTOR TO PREVIOUS UN-RISKED TYPE CURVESthe cause = poor performance of the 'new' 15T fracs to save capex

20T reinstituted in August and performance improved = reason for 4Q2019 production miss

all 'between the lines' in the corporate presentation but the clues and the smoke/mirrors confirm it

check out www.fracfocus.ca to access all fracked wells since 2013....YGR = 162 wells

a little bit of calculating and the proppant tonnage pops
Bullboard Posts