RE:Impression of Press release...If somene was every looking at a YGR...say a Peyto as an example....
YGR is so "clean" and easy to integrate in a merger now with how they set this company up.
Really only have producing wells which is unique.
kavern23 wrote: I think it overall is a positive press release and a futher reason to buy YGR.
Atta boy Hendrick for stepping up.
My impression though is YGR is doing things to put themselves for sale if the price is righ in 2022.
it is why you would do this:
reducing the non producing well ARO to less than $2 million
or even the reserve restatement...if you open the data room to potential suitors eventually a company would want as accurate as possibe reserves.
It is a good buy man. Reserve thing is priced in already. Expected. Less then I thought.