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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 SHolddon Dec 12, 2024 4:06am
70 Views
Post# 36358227

RE:RE:RE:RE:RE:RE:2025 Capital Budget and Operations update

RE:RE:RE:RE:RE:RE:2025 Capital Budget and Operations updateOBE is more unloved than most because they had accouting fraud less than 10 years ago, had to rebrand the company and replace all the management, and have very high depreciation and F&D costs compared even to other Cardium producers, you start looking at Athabasca or other companies and the depreciation/depletion is the highest of all companies it's like 66% of cash flow very capital intensive operation when other oil producers are not MEG is 40% of cash flow and greater scale also heavy oil 
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