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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 26, 2024 8:07pm
117 Views
Post# 36150762

RE:RE:RE:out loud offering

RE:RE:RE:out loud offering Regardless if fiddlehead finds investors...how is that business plan going to work.
Fiddlehead has an investors presentation from June.

So many questions...their aeco assumptions....fact they are using full 15m debt faculty...how do they afford to drill 2 wells in 2024. If paybacks get pushed out with only 1700 boe...how do they wait it out for higher prices.

ygr hasn't made acquisitions in past but prices haven't been this cheap for properties.

patienance 
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