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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 31, 2022 9:21pm
100 Views
Post# 34382865

RE:RE:RE:Management Credibility Problem

RE:RE:RE:Management Credibility Problem

Most of this info is public. Only the wells that  are kept confidential are not public for 12 months. if you have access to some of the subscription services you can work out the rest though. Kavern posts some of the info occasionally and investment houses will list top wells each month too. YGR is getting back on those top well lists again. 

this is a typical shale play with a high gas cut - they have to drill consistently or oil production falls off pretty fast. Both cash flow and production are grinding higher now and debt is coming down.


For the record, I wasn't disappointed by Q1. Q2 was also coming along nicely and then boom Q3 shat the bed. 

I think all of this is and more is reflected in the share price because this company screens as one of the cheapest in Canada. If we get confirmation that drilling is back to type curve this should be an easy double.

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