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 > AECO problem

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Comment by fullyautomaticon Aug 24, 2022 3:17pm

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Post# 34917870

RE:RE:AECO problem

Spud today at : 13-10-37-8 W5 - AB-5

I think this is the same pad the rig was at in March/April prior to moving to central ferrier- just west of Chedder- they are certainly moving faster than the WCP rig working east of Chedder..

Hedging... I think one needs to look at PEY's Q2 for the reason hedges should not be applied. $104M realized hedging LOSS. My thought process is: if you are drilling steady, don't hedge..(why drill if you don't have confidence in pricing?)

Last chance to buy under $3 here!!

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