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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 TheRexmemberon Oct 27, 2021 12:20pm
139 Views
Post# 34054912

RE:RE:I still call bullshit.

RE:RE:I still call bullshit.

Exactly. If there is any integrity in their forecasts the yearly average has to be way out of wack. 


7 wells came on after quarter end. Think i said 3 west ferrier wells earlier, there were actually 4. 10k ish production in July prior to those tie ins.

Minus decline rates and shutting in production for offsetting fracs. even accounting for variability in wells they should be way off. 

plus another 7 wells in q4 to boost exit rates and the yearly average. 


i will be paying more attention to the current production number but even so the yearly average Acumen came up with should be way too low. 

They were probably irritated when they missed the numbers from Q2 and thru a big bird at management. 

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