Yangarra Resources Ltd T.YGR

Alternate Symbol(s): YGRAF

Energy Oil & Gas E&P

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.

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Yangarra Resources Ltd > Q3

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Comment by kavern23on Nov 14, 2021 8:21pm

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Post# 34125486

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q3

No worries man...I am pulling for you.

Just saying have you considered how low the wells from 2021 drilling program must be?

I thought they had 22 wells completed at end of Q3.
To see off things are...YGR in Q1 report had plans for a 60M capex and 17 well program for the whole year.

Are they going to average IP360 of even 100 BOE on these 22 wells...I dont know for sure is why I am asking. To me at eyeball level I would say lucky if they are even at 100 BOE for IP360.

fullyautomatic wrote: Disclamer: I AM NOT OP!!!

BUT I'm on the bid at $1.65

Type curve is unknown at Chedderville clearly.

To me all that really matters is WTI NAV and Debt.

WTI is not done going higher

NAV 2P is $3.08.... 3P is +10.00

DEBT can be fixed by time AND WTI/ AECO strength