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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 Aug 16, 2024 4:50pm
91 Views
Post# 36183429

RE:RE:Quick..

RE:RE:Quick..

Anyone have any educated guess for q3 boe number?
does it reach 10k boe or 10.5k boe per day with faculty turn arounds?

rex I am not fanboy, not estimating ygr with wild optimistic numbers....

I peg ygr running cf of 15-17m in q3 if they are at 2000 ish in oil and 17-20m if oil ends up closer to 2200-2300 per day on oil,

Capital timing is hard to know at this point.

target is obvious to try fcf 5-6m for q3 and get net debt to 90-91m.

lower aeco for 2024 likely delays ygr reaching debt target of 80m until early 2025 q1 at some point.

I think if ygr could reach 86-89m of net debt by end of 2024 that is a good year based on commodity price circumstances 
 

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