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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 kavern23on Oct 27, 2023 10:43pm
110 Views
Post# 35705339

RE:RE:RE:Very interesting Chambers License....

RE:RE:RE:Very interesting Chambers License....Rex agreed. New zone or explore a merger.
I think its is cheddarville that is causing the treading water. Ferrier is good though, ferrier is keeping company from sinking imo.

Taqa must have really good completions staff along with good service crew used.

I dont belly river tickeness in ferrier but I thought lots of it in central albera is 3-7m.
So have to frac and drill quite accurately. But is has decent poristy and frac just adds to that, so comes out nice rates.

Taqa doesnt seem to development drill as they are too busy testing zones in central alberta.

One of the reasons why I think Bonavista went so high is those deep basin asset rights...covers so many zones.

For example, below alot of obsidian willy stuff is oil rich duvernay but some of it OBE sold years ago when squeezed but OBE owns a decent sized amount of all zones rights in central alberta. And so does cenovus, central alberta assets dont fit cenovus the best but what is attractive for them is they own so many of zones on their land.  Gas plant is never going to struggle to find juice.
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