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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

Post by kavern23on Dec 13, 2023 10:29pm
143 Views
Post# 35783636

Flinflog

FlinflogFlinflog you joined stockhouse today and you are a pure bs er.
Just spewin BS..

This comment is pure BS: " I don't have access to well data anymore but the 2 poor wells that have been mentioned are likely just the amount from production testing and haven't been tied in yet. You can't flare the gas so you have to find a home for it and it may have to go on a third party line that doesn't have room for you"

Dude YGR's wells are not up in some remote area, not a new zone...it would be brain dead and impractical to production test any cardium well and take the cost, no confidential well risk or anything...doesnt make sense on so many levels not too tie in a new well and production test instead. Secondly the wells are all from exsiting pads where it is already tied in and pipelines layed years ago. YGR wells should actually come on fast. YGR is not using a third party line.

YGR's placed natural gas plant ownership across where they own land and lines is a strength and a good thing, YGR has plant in willy, not big but they do and it would have space as YGR hasnt drilled in willy inawhile, natural declines have happened.


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