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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 24, 2024 3:43pm
123 Views
Post# 35949715

RE:RE:RE:RE:RE:RE:Doable

RE:RE:RE:RE:RE:RE:Doable I guess I would be more worried about forced further hedges on NG hamstringing any price strength if there ever will be any again.  I would not be surprised if they face that. I mean like 3-5 yrs terms

Keeping the rig strictly in chambers may also force further costly base infrastructure spends to handle added NG production. Has to be some talks about working closer with PRQ if not a flat out combination. 

Or selling the willy if anyone will take it. 

Sold my SDE piece for a nice gain on a short trade. Will be watching YGR trading closer here for moving back to a full position.
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