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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 TheRexmemberon Nov 15, 2022 9:53am
126 Views
Post# 35099528

RE:RE:RE:RE:YGR new land

RE:RE:RE:RE:YGR new land

Yeah I really wish these guys would have better disclosure. Their shareholder base is dominated by retail who don't always have access to detailed research. They get more out of a concentrated land base than almost anyone else. 

Orlens land would make sense, since they have a few JV wells with them. Nice to see they aren't suing each other again, lol. 

yGR is back on the Nuttall charts as the third cheapest. 

The numbers get really interesting for these guys as production gets closer to 15,000 boe. The flatter drilling schedule should start helping to lower decline rates a little too. 

It will be a different company by next September at this pace. 

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