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.

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Yangarra Resources Ltd > Kav's YGR April production estimate

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Comment by kavern23on May 21, 2022 11:52am

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Post# 34700390

RE:Kav's YGR April production estimate

This is interesting contrast to look at. Copied below is my model November vs April here:

	November	April(2022)
Yangarra Well Count	163	179
Top Oil Ten Wells (Combined Prod)	1247	958
Average Oil Production (Boe)	2630	2848
Top Ten Gas Wells (Combined Prod)	2614	2057
Average Gas Production (Boe)	7081	7923
MCCF/Day	42486	47453
NGL	2060	2300
Raw Data	11771	13071
Total Estimated Production Boe a day	10358	11503

I put the metric of top ten wells both oil and gas combined production for this reason...the higher top ten wells are...the higher corp decline rate is. Gives me insight on how easy a company can grow.

Ygr's is nice. YGR has no crzy producing oil well that is so key to overall production. At 958 bo a day being top ten wells is a good thing.

kavern23 wrote: I got the numbers last night and my model ran 11,503 boe for april...
Think that is very good.

Look to be for sure 1000 boe a day bigger in April then in Q1 2022 or q4 2021.

Always encouraging to see a company on the growth trend up.