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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 Helloworldon May 29, 2024 3:21pm
74 Views
Post# 36062901

RE:Credit Renewal May 31

RE:Credit Renewal May 31A press release would be wonderful for those who don't get handed more free shares when share price tanks. 

Something to effect of. 

- Credit renewed. 
- Current debt down to xx million due to solid ffo. Wells brought on stream in 2024 have averaged an ip30 of xx
- H2 Capex reduced due to gas weakness and desire to hit 80 million target
- Plan to execute a ncib due to extreme disconnect between share price and company

With YGR being down >70% over 2 years while XEG is up over same time period.. someone should be on hot seat. 


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