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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 Helloworldon Jul 09, 2022 11:54am
235 Views
Post# 34812835

YGR Decline Rate

YGR Decline Rate
Kav or Cliff do either of you have enough info to say whether the YGR decline rate in their presentation is accurate. Based on Y1 of 308 bpd, Y2 of ~150 bpd, Y3 of ~110 bpd, Y4 of ~80 bpd, and Y5 of ~70 bpd, it would seem a 30 well per year should result in over 20k per year ultimate production. Does this seem likely?
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