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Bullboard - Stock Discussion Forum Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Energy Oil & Gas E&P
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... see more

TSX:YGR - Post Discussion

Yangarra Resources Ltd > The stock is running out of gas
View:
Post by mukh6 on Apr 13, 2021 12:42pm

The stock is running out of gas

The first quarter results better be good or else we slide down.
Comment by kavern23 on Apr 13, 2021 1:41pm
Bro...someone just put on their big boy pants and a bid for 50,000 shares at 1.10... I think we are holding decently through the soft season for enery stocks right now. It's Q2 now and so far Natural Gas is like 2.65-2.70 a mcf and oil is still a strong price for a company with YGR production costs. For perspective...in 2019 Q2 YGR got  1.24/mcf and Q2 2018 it got 1.16/mcf ...more  
Comment by BadShituation on Apr 13, 2021 8:41pm
I was going to ask you if your knew the status for their drilling ops. Looks like your on top of it. That puts a smile on my face to see the bit is still turning.  
Comment by kavern23 on Apr 13, 2021 10:51pm
And only 11 days between wells...for two mile wells that is really fast and effiecient. All these things make me quite optimistic that 2021 will be a good year for YGR. Since YGR started doing big drilling programs...either oil or gas has tanked during the year. I mean in 2018..NG averaged 1.59 and in 2019 it averaged for the year 1.80. Natural gas should easily average 3 bucks/mcf for the year ...more  
Yangarra Resources Ltd