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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 margaritamanon Jan 21, 2024 6:24am
145 Views
Post# 35837762

RE:RE:RE:RE:RE:RE:RE:RE:RE:Capex

RE:RE:RE:RE:RE:RE:RE:RE:RE:CapexAgreed Hellworld. This is the key differentiater between YGR and its peers and is always overlooked. The ability to keep opex low during normal business operations and at times like this where drilling is dialed back to contain costs they can become a source of revenue.  Interesting to see what they come up with for Capex next month. Based on commodity price I am hoping for $60M - $70m to keep production flat. Can't keep the sustaining vs growth capital secret any longer.  
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