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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 22, 2024 6:02pm
92 Views
Post# 36101846

RE:RE:Clue

RE:RE:ClueOr they simply couldn't rationalize spending money on production or issuing stocks, when their existing pdp reserves are selling at less than 30 cents on the dollar, less than 20k per flowing barrel. Their best use of any extra capital is to buy their own stock which they can't do until they hit their debt target. 
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