Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by kavern23on Dec 19, 2024 4:12pm
107 Views
Post# 36371022

Operationally...

Operationally...Market is so bad for uniors not much really matters it seems how these companies are doing operationally.

I pulled November data and YGR still looks on right track even though sub 1 dollar....

Belly river wells are doing really good imo.

The 2 bellys done this summer did better in Nov than Oct.

One is did 217 barrels of oil per day and other shorter one did 107 barrels per day of oil for Nov.
The intial Belly well drilled last fall is still doing 91 barrels of oil which is really good after so many months of producing.

So YGR has 5 bellys producing, 2 more drilled that should be online in Jan is my guess.
THats 7.

In 2025 i can see them trying to push 4 more on to get over 10 bellys as then oil content is much better for company and not so AECO reliant.

Return of capital for YGR imo is tied to getting more of these oily wells online.

If tax loss selling cranks this to 80 cents...Kavern will have to unretire.

Cheers and happy holidays.
<< Previous
Bullboard Posts
Next >>