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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 22, 2024 10:58pm
121 Views
Post# 36102014

RE:RE:Shorts…

RE:RE:Shorts…

Hendrick...ygr management can't comment on anything.

I am not saying ygr has to make a move...but what happens if an opportunity comes across that makes the ygr more valuable.
i agree with ygr can continue status quo.

ygr hasn't grown by acquisition in the past but maybe that us because in the past valuations didn't make sense.

we don't know how much orlens ferrier assets would be worth.

ygr undervalued stock may be blessing in maybe orlens will take some. 

if orlens ferrier asset is cheap enough...it is not risky to ygr at all.

Orlens has dumped a pile of money in ferrier since ygr has drilled there. No senior oil and gas producer is going to be interested in orlens ferrier assets.

orlens pdp on those ferrier assets is going to be same range as ygr. Per share metrics likely don't go down combined.

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