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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 Hendrick3on Mar 01, 2024 3:36pm
98 Views
Post# 35910133

RE:RE:RE:RE:Have we started to turn the corner?

RE:RE:RE:RE:Have we started to turn the corner?Loukas is aiming to grow the company to 50,000boe/day. A sale of the Cardium would be in complete opposition to that plan. Any buyer would have to hand a huge premium to OBE to take them off that strategy. I am sure Delta Spartan can do deals much cheaper than that. 
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