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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 Sep 29, 2024 10:23pm
108 Views
Post# 36246363

RE:Poking around the net

RE:Poking around the netI think right now with market as tight as it is...the weather forecasts for wind help set aeco spot prices for the weekend. It has been windy in Alberta as forecasted and that probably hits gas demand by 1 bcf a day.
whenever wind energy production in Alberta is over 2500 mw, ng prices really struggle in short spot term price.

USA company heartland power sold old coal to ng stations in forestberg and Hanna Alberta to transalta after making huge money after COVID in Alberta on power. They knew power prices would sink with more capacity and now translalta has older tech ng power plants sitting idle whenever renewables have any type of material production.

that new cascades power plant can't even produce at max right now as isn't the demand.


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