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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 Jan 14, 2022 5:25pm
177 Views
Post# 34319077

RE:RE:RE:RE:YGR going forward....

RE:RE:RE:RE:YGR going forward....

Yeah I think they are looking over their shoulder a little. The higher debt level probably protected them from a takeover last two years followed by a little variability in well results this past summer.

agree with Kavern on the cash flow. We just need YGR to stabilize production a little higher and then  maintain a base amount of drilling to keep a higher oil cut. 

The fantastic cost controls mean the gas and gas liquids generate a decent return at near any price. 

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