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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 Dec 08, 2023 5:01pm
81 Views
Post# 35775697

RE:RE:RE:Still think...

RE:RE:RE:Still think...Rex...you are acting like pre 2019 didnt happen.
You need to let go of 2021 NG spike caused by Russian war and really oil prices that got spiked in 2022/2023 from russia and opec. New reality...tough NG prices and lower oil prices.

USA production is back to and increased past 2019 levels. Commodity prices are going to likely majority of time trade at those levels or lower. I never looked at drilling rig counts like most of you as it is silly...technlogy is so much different in 2023 versus 2022.

Dude..you could have 2 Obsidian shares for every BNE if you guys were not so stubborn and more willing to listen. I think you guys rejected that merger cause with all due respect, stuck in the past.

Oil patch changes rapidly year to year.

The BNE rejection of that merger is one of the biggest mistakes IMO i have seen in year and years.
And what makes it so awful is the strategy part.

How is BNE pembina assets better in 2024 versus 2015-2019.

You like BNE undeveloped drilling locations in Pembina?  

BNE needs to get a deal done as does YGR.

Both too small if commodity prices are going to be lower.

I just feel YGR can get assets with lower reclimation than old stuff in Pembina.

BNE needs to merge with Saturn.  You are dreaming if you think BNE can develop that Montney on their own if it is worth drilling.
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