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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 kavern23on Jul 12, 2021 1:17pm
194 Views
Post# 33530226

RE:RE:RE:RE:RE:YGR & OBE Shareholders right now....

RE:RE:RE:RE:RE:YGR & OBE Shareholders right now....Derek I don't think this is spacing as even the NG  production s low on some of the Q1 wells.
Spacing is a different issue and wouldnt matter as much with these current commodity prices.

NG won't come on at high rates without alot of frackin.....


DerekT wrote: I was thinking the same thing derdon99. The wells from the winter have potential. The outer wells always produce way more. The inner wells produce way less. It seems that management continues to drill too close together. Since 2019 they seem to never want to space out more. They keep drilling monsters then drill too close and create a complete dud. Idk if their models show that the decrease in costs combined with the amount of oil coming in the long term will make up for the lack of pressure and low output in the ip-90s? It confuses me. Maybe they think these close wells will leak out more oil long term, idk.


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