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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 Oct 28, 2024 3:22pm
79 Views
Post# 36285561

RE:RE:RE:RE:RE:Q3 Predictions?

RE:RE:RE:RE:RE:Q3 Predictions?4 completions in the quarter. 

Debt probably goes up this Q. I would guess capex between 15 and 20 and ffo below 15. 4 completions. 7 wells drilled. Maintenance on compressors. 

Oil is probably closer to 1700 or 1800 and ngl price probably lower. 

Probably closer to 11 than 15. 

Maybe a 5 milliion debt increase. 

But Q4 has just a single well drilled with up to 5 wells completed. So Q4 the ffo should go back closer to 20 and capex close to 10 so should bring debt closer to 90 million to end year. 

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