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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 > What has changed?
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Comment by TheRexmemberon May 20, 2024 10:49am
123 Views
Post# 36048663

RE:RE:RE:RE:What has changed?

RE:RE:RE:RE:What has changed?

We shall see. Everyone has been unlucky with gas prices, but if nothing else LNG Canada adds 2 bcf of egress. That will have some kind of impact. 

I will be watching for the decline rate to drop significantly, production to flatten (not decline)with some free cash flow  hitting the balance sheet. 

They need to stop running the company so hard and get the decline rate below 30%. Ideally around 25% so price swings don't have such an impact. 

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