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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.


TSX:YGR - Post by User

Yangarra Resources Ltd > Rex Ygr comments
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Comment by fullyautomaticon May 03, 2023 3:38pm
94 Views
Post# 35428294

RE:RE:Rex Ygr comments

RE:RE:Rex Ygr commentsRex,
They didn't know at Chambers what exactly the GOR was going to be. The good news is that they found liquids-- all unbooked.

I wouldn't say financial managment is bad at all. It shouldn't have been any shareholders expectation that they would hedge, because they don't.. Unless they are forced to.

Hindsight it's an really easy call to make on the hedging-- bascially the whole world got caught off-side on NG..


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