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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 JohnJBondon Jun 24, 2024 10:56am
120 Views
Post# 36103226

RE:RE:RE:Shorts…

RE:RE:RE:Shorts…I asked OBE about this at their last Q@A session.

They said their marketing agreements are such that they will not be impacted by problems getting rid of associated gas if/when Canadian gas storage is full.

Canadian Gas storage could be full from July - Nov ish.

Its unclear what impact this may have.

It seems the impact will be variable on individual companies.

Gas follwing into the egress pipeline system will not be able to exceed the gass egress from Canadian Storage.

It follows that some gas will get shut in.    It is unclear which gas this will be.    Unless you know otherwise, it may be a good question to ask each company in which you are invested.

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