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 > Still see small FCF for Q4 as a possible outcome.

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Post by margaritamanon Dec 30, 2023 9:04am

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Post# 35805008

Still see small FCF for Q4 as a possible outcome.

Looks like 8 wells drilled in Q4. 12000 b/d (big question mark) may be achievable based on a strong December oil cut from new wells brought on in late November.

Oil	3000	$100.00	$300,000	WTI @ $78 less $3 diff
NGL	2400	$50.00	$120,000
NG	39600	$2.10	$83,160
			$503,160	Daily Sales
			12000	Production
			$41.93	Sales Price / barrel
			$4.61	Royalty Exp
			$6.50	Production Costs
			$1.35	Transportation Costs
			$1.25	G&A
			$2.70	Cash Finance Exp
			$16.41	All in Cash Costs
			$25.52	NetBack
			$27,559,116	FFO
			$26,000,000	Cap EX
			$1,559,116	FCF