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 > Quarterly Production 2023 target

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Comment by kavern23on Dec 27, 2022 4:31pm

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Post# 35192777

RE:Quarterly Production 2023 target

What really hinders the esimate abit is YGR says they are drilling and completing 14 wells in q1, with 6 wells carried from 2021. I have to guess on where the 8 wells in Q1 drilling are.
Would assume rigs leaves 6 well pad and does 5 well pad in Phoneix and then comes back and drills 3 more 1 mile wells on that ferrier pad. And then 3 more 1 mile on other side. Making a 12 well total pad.

kavern23 wrote: Anyone have any guesses how they get 13k for the 2023 year by Q?

I am thinkin 12.5 Q1, 13, 13 and 13.5 in Q4 = 13k boe target.
Production is going to be jagged between month. Q3 likely is hurt abit by tie ins not happening until Aug 1 for produciton lift.

Think they average Q4 at 11.8 -12k boe. But if we don't get the ferrier wells tied in until Jan 2023...that is why going with 12.5 for q1. Prob exiting 2022 lower then beginnng of Q4...say even 11.8 ish on dec 2022. Then new wells.