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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 Hendrick3on Nov 23, 2023 7:34am
142 Views
Post# 35749671

RE:RE:RE:80m theshold....

RE:RE:RE:80m theshold....I talked to management yesterday on a conference call. The $80m target is theirs not the banks. They believe it to be a prudent level of debt. They recognize that with ESG, financial institutions are under pressure to reduce oil and gas exposure. At $80m they feel they are well under the radar and protected from the risk of those exposures. 
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