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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 oilyexecon Mar 20, 2020 5:59pm
162 Views
Post# 30832194

Short term blowdown cost = $11/boe

Short term blowdown cost = $11/boe
as per YE2019 reports...OPEX = $7/boe (incl transportation), Royalties = $2.00 (using reported ave 7% but on low prices its more like $1.40), G&A = $0.65, Debt service = $1.45 and NAV10(1P) holds current debt level until prices recover as per the bank's price deck.

Blowdown  excludes all DCE and facilities capex.

Now plug in the average revenue stream for oil (64%), NGL (10%) and AECO (26%) and YGR is a survivor when most other juniors are dying.

Bullboard Posts