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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 Jul 25, 2024 8:13pm
92 Views
Post# 36149062

RE:RE:2Q Results release

RE:RE:2Q Results release Both wcp and vrn also showed how technology and efficacy improvements are further helping the economic s on new well drills.
some parts of Duvernay can outperform montney now.

the real interesting q2 are going to be companies with old assets or ones that are sour gas and require processing costs to get the ng making it a negative cash flow at current aeco spot prices.

Companies that can drill new wells most likely will be shield best from downward pull of lower commodity prices for awhile.
But some of the companies will old high operating cost assets are very overvalue still.


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