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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 kavern23on May 29, 2024 10:30pm
112 Views
Post# 36063615

RE:RE:RE:Depressing....

RE:RE:RE:Depressing....

The fact it is quite hard to figure out which senior producer sold these assets to fiddlehead resources shows just fragmented and too many operators are in the cardium of central Alberta.

reason I take back tourmaline is tou would have glaucy and not cardium wells and this tou is not really south Ferrier or strachan.

Strachan is basically east of Ferrier.

I think it is Canadian natural resources and if so..bizarre Petrus or ygr didn't take a run for this package.
cenovus has land here as well but quite drilled.

cnq Ferrier assets are attractive as not very drilled out with horizontal wells in some places as cnq is so big they didn't focus on here for years.

fiddlehead plans on drilling cardium wells so also points to cnq package.

Petrus really needed this most as they have a gas plant that is very close there.

have to follow this situation 
 

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