Another well spudded...I see another well was spudded on April 1:
00/04-04-037-07W5/0 YANGARRA HZ CHEDDER 4-4-37-7 0498795 A801 Stampede Drilling A Division Of Matrix Energy Technologi 5 01 Apr 2021 03:00:00 AM Red Deer 0LN7 Yangarra Resources Corp. Drill To LD
I take this as a good sign. YGR can't do well if it isn't driling. Not a mystery how 2020 went when they had to stop drilling in 2020 due to commodity prices.
But in Q1 of 2021 things look back on track with the drilling.
Production should only increase every month going forward.
Oil is still 71 bucks in cad dollars. Revenue generated is good per each new well at these prices. Good to be rollin.
Easter was sloew trading but as soon as we get news....positioned nicely...only lik 17 cents from high for the year.
Happy to wait as long as YGR has a rig out there drilling.