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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 Nov 13, 2023 10:11pm
78 Views
Post# 35733445

RE:RE:Other factor...on q3 production

RE:RE:Other factor...on q3 productionTotally agree with you on low costs. And I like strategy YGR is pursuing.
And in any type of merger scenario, YGR can bring to the table it's "internal oilfield service" division.

Companies like Petrus could really potentially really benefit from savings on new pipeline and lease builds on if they had acess to YGR oilfield services division.

Critical decisions are going to have to be made for all companies.

Petrus brings to table empty gas plant capacity of %50 on a 60 mmcf/day plant, so 30 mmcf avaiable. 2500 boe per day.

Finally soon the north ferrier area which is close to chambers has acess to Petrus main gas plant. CNQ plant must be filly up.

Just like one downtown a few years ago lead to a Bonterra and OBE dance that eventually came to nothing, I wonder what financials would look like on  a Petrus and YGR combo.
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