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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

Comment by pppon Jun 08, 2021 6:30pm
81 Views
Post# 33352438

RE:RE:RE:RE:RE:Shorts...

RE:RE:RE:RE:RE:Shorts...Low ARO I give you that.
Low operating costs, are eaten up by high declines. whats better low declines with higher operating costs or lower operating costs and higher declines I say its a wash.

The market wants to know their production numbers over the last while, including the last wells so it can project FCF. If they got their ducks in a row on that front this is worth 2 dollars. If not its not worth 1.35. Low ARO and low production costs mean nothing if you can't keep production flat with reasonable Capx
Peters selling is a major concern as these guys know the biz. The shorts are here for a reason.  


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