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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

Post by kavern23on Apr 14, 2021 11:38am
172 Views
Post# 32992879

Plus 60 Wti...

Plus 60 Wti...The other beautiful thing with current oil prices is that it gives YGR some breathing room on drill results.

Even wells that are 25% lower then the average production well curve should payback in less then a year.

The current commodity prices take so much of the drilling risk away.

Well results will vary but current prices make way more wells have a less then 1 year payback.
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