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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.


TSX:YGR - Post by User

Yangarra Resources Ltd > ATB research report on production update
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Comment by kavern23on Feb 02, 2022 3:41pm
153 Views
Post# 34390479

RE:RE:RE:RE:ATB research report on production update

RE:RE:RE:RE:ATB research report on production updateit doesnt matter now cliff....

But it matters to the bank who need reserve report to keep debt faculty at 210M....

Everything is fine.

cfliesser wrote: How much does this matter, if they still have 20 years of drilling? If this company is valued at <5 years of FCF, why does anything past 20 years matter? Will the world even need oil in 20 years? I feel like losing a couple years of reserves does nothing if you have enough reserves to drill till oil is basically worthless.


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