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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 kavern23on Feb 05, 2022 12:26pm
187 Views
Post# 34401012

RE:RE:Insider Buying in Last 180 days-R. James report-Jan 10/22

RE:RE:Insider Buying in Last 180 days-R. James report-Jan 10/22I have no update but every sign points to how good that township is in Ferrier.

-Both Cenovus and Taqa have drilled since we hit in the summer in West Ferrier.

This is not a core area for either Cenovus or Taqa so obviusly the economics have to be crazy good for big guys to even bother with this.  An extra 1000 BOE means so little to a company Cenovus size.
Such low hanging fruit and such a sure thing that they cant resist.

The only downside is 6 of the new wells come on more gassy and other 8 will be more oily.

But boe per day per well should be screaming on all.



Rational43 wrote: I was waiting from an update from Kavern on how the Ferrier wells are doing, but considering we have insider buying across the board and down the ranks at YGR, I'm able to guess how its doing.  


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