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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 26, 2024 2:23pm
135 Views
Post# 35847557

RE:Well Results

RE:Well ResultsIn their never ending quest to unlock better production, YGR keep trying different approaches to drilling and completion. The use of smart darts on 6 of the wells drilled in H2 would be an example of this. Since none of the wells drilled in H2 were stellar I would suggest this experiment was a failure. If they stayed with the tried and true coiled tubing these wells may have been far more productive.

if you're looking for a safe middle of the road operator then YGR is not the name to hold. If on the other hand you are willing to tolerate these wild price swings in their attempt to hit it out of the park, YGR gives you that exposure. 
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