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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 Jun 07, 2024 11:11am
93 Views
Post# 36077602

RE:RE:RE:RE:Canadian Gas Market is a Mess

RE:RE:RE:RE:Canadian Gas Market is a MessPenny...oil is in so much better shape than NG right now.

The data this summer during heat waves will be so interesting as 2023 was first year USA will have had a material amount of solar energy installed.

The past doesnt matter when looking at data, these install numbers are not a joke.
40 GW of solar power installed in 2023 and 40 gw planned to be installed in 2024.

I think solar power will outproduce hyrdo electric power by August in the USA.

Thats is one of reasons USA economy is outperfroming everyone...biden threw billions at renewable industry and defense indsutry is running full out.

USA had like one solar cell manufacturing plant in 2022 and tons opened in last year.

Within 3 years...solar cells will be so cheap in north america as industry was so over built...labour costs will be higher than actual solar roof.

Really big changes going on. 

I think all companies should be hedging NG for 2025 on 2027 and beyond.
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