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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 fullyautomaticon Mar 23, 2024 12:26am
121 Views
Post# 35948509

RE:Doable

RE:Doable I think the trouble is these nice new ferrier wells. I think YGR is a "minor" partner. 

Minor is exact word given to me on an update from mgmt. What it means I wasn't given a breakdown. I was assuming less than 50% share. This was before the lawsuit was settled but I don't know if those are the disputed lands? Somehow I doubt they would run the rig on it before a decision..?

There are 2 DUCs or at least untied wells sitting in Willy. Can they be salvaged?  If not I think it might be tough sledding until the bank review....
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