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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 Mar 22, 2020 4:36pm
100 Views
Post# 30835516

RE:RE:RE:RE:RE:Inventory build forecast & nightmares in April & May &......

RE:RE:RE:RE:RE:Inventory build forecast & nightmares in April & May &......Kramer, remember that cash is king. A well choke only slows down the inevitable so why not just stop capex, as YGR has done for the past month. Keep your powder dry and survive for the next boom.

A production loss of $40-60M? Not really as the norm for oil prices over the past 20 years is closer to $40/bbl than $60. Better yet, wait for $100 oil and we all might become greeters at Wal-Mart.
Bullboard Posts