Yangarra Resources Ltd T.YGR

Numbers

[TheRexmember]

No numbers yet. Apparently consistent with the presentation dec. Guessing 10-10,500 for third quarter with a quarter end exit rate close to 12,000 boe/day.

they drilled ochiese area wells and Ferrier wells. The ochiese wells are always a bit difficult to drill and complete due to ground conditions and tend to come on a bit slow. The Ferrier wells always rock.

[cfliesser]

yea.... I will believe it when I see it. 

[TheRexmember]

No doubt that is why we are at such a discount compared to the rest of the market . Everyone wants to see proof that they are delivering - it is also the opportunity and why this stock should move harder than its competitors. find me another stock that did not have to viciously dilute the sharefholders (PRQ, SGY) or have their banking syndicate hovering over their shoulders waiting to cut the

[cfliesser]

yes but production track record deserves a discount to SP

[fullyautomatic]

 I dunno, clear there is a discount, to me at least. Not so sure there should be, management got them through without dilution, no bank line reductions, not even added hedging.  Q3 prediction Exit boe/d : 11,250 Netback: +$38.00 Exit debt: $193MM Forward CF using estimated production and netback= 1.82/sh I just bought some more shares at $1.88. I have no inside info.. Good Luck out

[Overertune]

This production number is quite aggressive for me.  But I think they should be able to pay down more debt, given the high energy prices.

[margaritaman]

In Q2 Corporate Presentation they are indicating exting 2021 with production of 14,500 bpd. Long way from where they were at the end of Q2. Will wait and see what Q3 tells me and make a decision from there. For now, this is just a game for the shorts.