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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 fullyautomaticon Feb 06, 2023 1:22pm
127 Views
Post# 35269655

RE:Q4 production

RE:Q4 productionYeah Cliff, I am optimistic as well.

Those 3 Cow Lake I was ranting about were put on in Dec so that might be the little prod bump

Decent RR, I was scared of another tech revision down but added in all catagories. Good to see.

Debt at end of Q4 is 134M. Down +13M in the Q  

Did a quick comparision EV to PDP with OBE. YGR is trading right with it on PDP, with OBE being 3x bigger EV and relative reserves. 

There has got to be alot of guys wating to see what can be hit further west, where the rig is drilling now. I am too, although it's getting tempting to hit the buy button ahead of it. I don't see this slipping sub $2 but like Kav said anything can happen. Constructing a new GP out there, so I guess they are confident.... I
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