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 > Messing around with numbers

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Post by kavern23on Nov 14, 2023 1:46pm

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Post# 35734894

Messing around with numbers

Just messing around...

But let's say in a dream scenario playing around...Yangarra could buy Petrus for .7 of a YGR share for every Petrus share.

You get a combined company with 182m shares ish.
Around 150m ish in debt

In a lower commodity priced enviro in 2024...could a forecast for a combined look like this....

140m capex
190m cf

bump divy to 1.5 cent a month or 32m cash outlay a year.
18-20m to lower debt each year.

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