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 > Look at That

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Comment by margaritamanon Jan 08, 2024 11:15pm

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Post# 35816756

RE:RE:Look at That

I think capital return any time this year is not in the cards. We would need to see free cash flow around $35M just to get us to the $80M net debt target. So unless something major happens with commodity prices it wil be 2025 before we see anything like an NCIB or divi.

Will be interested to see what they plan for capital spend in 2024. That will provide some clarity on FCF scenarios.

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