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 > The company needs to do a 1for3 reverse split

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Comment by kavern23on Nov 09, 2023 6:47pm

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Post# 35727236

RE:RE:RE:RE:RE:RE:RE:RE:RE:The company needs to do a 1for3 reverse split

And the thing with looking at BOE per day not are equally as profitable.

Look at Journey energy vs YGR

Joy had 18.5 in funds flow on 5200 barrels per day of crude and 11800 BOE total.
YGR has 29m in fundflow on what 2100 barrels per day of crude and 12100 BOE total.

AND YGR WASNT goosed with flush production in that 29m fundsflow like BNE is with their CF.

Market has forgetton pre 2019...its the Joy's, BNE's and Pne's of the world that are going to need way higher prices in 2024.

YGR is fine on pulling oil and gas out profitbale just have to keep increasing the BOE per day.

YGR CF wasnt bad for such low oil number.

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