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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 Hendrick3on Jun 12, 2024 2:51pm
82 Views
Post# 36085404

RE:Some quick questions please

RE:Some quick questions pleaseI noticed no one answered your questions. Most natural gas producers will not produce below variable cost however with Ngl and crude stream intermingled they may be well above variable costs on most wells. For dry gas wells tgey would likely shut them in unless their variable costs are very low which YGR's typically are. No question if gas prices result in shut ins that will lower production. How the market reacts to that is likely negative but the market may actually see the wisdom in Shutting marginal dry gas producers off.
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