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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.


TSX:YGR - Post by User

Yangarra Resources Ltd > recap
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Comment by pennydredfulon Mar 12, 2024 7:54pm
100 Views
Post# 35929503

RE:recap

RE:recapReserves  are  reevalued  every year.  The  bank  loan  has been  coming  down  nicely  so  the bank  has no reason  to  rock  the boat and force  a fire  sale.  Some  Eastern banks  look like fools when they  took  a big  haircut on  their loans   to Journey  Energy and  AIM  bought  them   out.  Now   JOY  is thriving,  AIM  are about  to have their loans  paid  out  and   they got   20%  of the company  for nothing. 
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