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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

Post by kavern23on Nov 08, 2023 9:49am
154 Views
Post# 35723399

Q3

Q3Better than I expected on capex and cf considering NG prices..and lower oil production versus Q2.
Not sure what stock will do today as this is like third day in a row NG prices are getting hammered down.

I wasnt being a chicken little, in short term for sure, NG is very bad right now.  
A small build in NG is forecasted in last week of nov that is like cocaine to a NG short.
NG shorts can act agressive and crazy right now.  Remember in backgroud USA production is record setting daily.

I guess the wierd part of Q3 for YGR is how little forward looking they talked.

Like another press relese is coming in Nov from YGR.  Not much was really said in Q3.
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