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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 kavern23on Mar 09, 2024 3:34am
113 Views
Post# 35924155

RE:RE:RE:RE:RE:RE:Options?

RE:RE:RE:RE:RE:RE:Options?

I don't think sky is falling.

The success of the well stimulation and optimization program could be the driver going forward as it takes such much less capital and is effective.

ygr likely wasn't adding 1k boe a day of new production from new wells in q3 and q4 yet ygr was able to still produce 11133 in q4. I think well stimulation really helped offset things.
 

The stimulations give more boe gains in ng but it can throw off 300 more barrels a month of propane. 

Ferrier probably gets lots in 2024 focus for stimulations 

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