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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 Apr 28, 2022 5:00pm
156 Views
Post# 34640311

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Earnings

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:EarningsThe bottom two new west ferrier wells did 1800-1900 barrels of oil a piece total for March.

If they worked 6 days...300-400  barrels of oil a day and cleaning out....

For other 2 wells....900 barrels of oil on one  and close to 3000 barrels of oil total for other for March.

If they worked 6 days....500 barrels of oil on one and 150-200 barrels per day on other.
Makese sense to have a lower oil one as it gets gassier to the west.




kavern23 wrote: 1500 MCF a day * 6 days gives 9000 mcf total....
I mean it matches.....

Less days the better as it means thos wells are strong...


kavern23 wrote: On those 4 new Ferrier wells that were tied in for March..i don't know the hours ran for March but with NG being produced only 6000 MCF - 10000 MCF total or the whole month...it leads me too believe YGR got  around 5-6 days of March production only....max

If I am right on this...very good thing....man I hate when things are confidential status lol.

If I am right it means they should be contribute 300 plus on oil in April per well plus 200 BOE on NG.....





kavern23 wrote: Feb would have been sick if those 2 cheddarville wells were good...in the 11k range...

Lets cross our fingers on the new caroline wells and this new 5 well cheddar pad  come on at nice production rates as west ferrier is so good it will keep the company over 10k boe plus every month this year alone without too much new production adds.

West Ferrier hides alot as some of the west ferrier wells will do 500 BOE plus in first 365 days quite easily....
50K barrels of oil and 1 bcf of gas in first year plus liquids.



cfliesser wrote: All I know is what I have for data:

Nov: 10.2k
Dec: 9.8k
Jan: 9.8k
Feb: 10.4k
Mar: 10.0k

So I think crappy December wells might have been why production dipped a little then.

Feb looked really good, then March problems.

If they fix the issues, maybe April: 11k?

 

 




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