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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 an interest in approximately 184.5 sections (118,080 acres) in this field, which is located around the town of Rocky Mountain House, Alberta. 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 May 08, 2024 7:53pm
115 Views
Post# 36030041

Can reconcile ownership abit now…

Can reconcile ownership abit now…So Petrus says they did 10 gross wells and 5.3 wells net. Minus 3 net 1 one mile wells Petrus did in early January..2.3 net wells net left...and the minus 1 gusher well from ygr vj...get 1.3 well range of ownership range of the 4 well 1 mile pad with ygr complted and online in late march.
Ygr reconciles too owning 2.5 of 4 well pad..I mean it's close and the small difference could be Petrus Jan wells were not exactly 100 percent owned but 80 for sure.

I thought other posters on here posted ygr was minority owner in that 4 well pad...looks to be not the case. At least 2.3 -2.5 net of that pad when reconcile both ygr and Petrus releases.


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