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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 margaritamanon Oct 20, 2023 4:49pm
93 Views
Post# 35693848

RE:RE:RE:RE:Acumen Selling?

RE:RE:RE:RE:Acumen Selling? Agreed. Will be high on CAP EX given the number of wells drilled in the quarter. With $3.2M per 2 mile well and $2M per 1 mile I am looking at capex of $28M - $30M for the quarter. If production comes in 12400 or better I expect some free cash flow. Anything north of $2M FCF is a positive in my books. 
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