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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 Helloworldon Aug 16, 2024 7:23pm
93 Views
Post# 36183681

RE:RE:RE:Quick..

RE:RE:RE:Quick..Seems odd to do a Willy well. They have a lot of licenses in Chambers and results were good so surprising and seems like a last minute thing. 

Hopefully means drilling is ahead of schedule and better cost efficiencies.. or maybe moving well to Willy Green to attempt to repair all the 2023 wells during an upcoming outage. 

Production at 10k would be high end as my guess. 2 weeks is over 15% so with no declines from Q2 would be about 10k production for Q3. 

With low aeco and low production my guess would be 15 ffo and 15 capex and debt held constant. 
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