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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

Post by kavern23on Feb 25, 2022 8:03am
166 Views
Post# 34460741

Spuds..and Random thoughts

Spuds..and Random thoughtsHere is what we know:

-All 6 of those West Ferrier  1 mile wells should be tied and all going for full Feb month.
At a min these wells should all scream on NG side.  Fingers crossed oil showing keeps on strong like other 6 from fall have had.

-4 wells of the other 8 well pad in West Ferrier are drilled and it looks like rig is going to caroline (back south closer to cheddarville) and spudded a well here yesteday

-I am assuming YGR didt drill other 4 wells at west ferrer this point as they want to frac and get more production ripping to take advantage if the high commodity prices....and those other 4 would take awhile to drill.  This is a good thing...another 2000 BOE a day should be coming to YGR with these 4 west ferrier wells going.

-Assuming YGR will do an operations update when they have these 4 wells going and at least an IPO of 10 days  plus 6 tied in Jan/Feb.  YGR should exit Feb with a nice production number.

-Over spring break up...they move the rig back to west ferrier and drill the 4 remaining wells on the 8 well pad.

-YGR is fast...give them untul end of March as they will have alot of wells done and rollng.

-Aeco is over 5 dollars...the prior 6 wells in West Ferrier all had beautiful NG in Jan...I looked....money is coming...nobody should worry with 5 buck aeco.

Relax and have some patiance.
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