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 > Bank line - not what I expected

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Comment by kavern23on Apr 27, 2023 2:35pm

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Post# 35417627

RE:RE:RE:RE:RE:RE:Bank line - not what I expected

Cliff it wont be much different whether YGR is hedged until Sept or unhedged at spot.
Natural gas is going to have very weak prices until next Oct/Nov ish.....even a risk some companies will have to shut in for a bit in late August.
The Ukrinaian war really messed with things and over produced NG in all of North america.

The mistake was not hedging last fall for this year.

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