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Bullboard - Stock Discussion Forum 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... see more

TSX:YGR - Post Discussion

Yangarra Resources Ltd > Evidence...
View:
Post by kavern23 on Dec 31, 2021 2:04pm

Evidence...

I will post more on this later as need to pay attention until 2pm...but I finally have found evidence of what they said in press release is correct...

"The Company has implemented initiatives on a sample of existing wells to flatten declines, improve production profiles and maximize recoveries. Initial results have been very positive and Yangarra expects these initiatives can be applied through-out the inventory of producing wells at a low-cost with short paybacks.

I couldn't find evidence of this until 30 mins ago.

Very good sign boys....lovely to see this....
Comment by fullyautomatic on Dec 31, 2021 3:32pm
I cannot wait. Thank you! BTW congrats on the run today over at OBE. Sick!!
Comment by Overertune on Dec 31, 2021 3:50pm
What are the expectations in terms of productions?  How much can they grow per quarter? in the PowerPoint the company only expect 120000 2022E, which seems low to me.
Comment by kavern23 on Dec 31, 2021 6:51pm
Think production growth in 2022 is so much a function on how strong YGR's quarterly Cf is. Management prob wants to be conserative consudering the past. Q1 will hurt them from having a much higher number. Think as of the moment it will look like this; Q1 Q2 Q3 Q4   11200 12200 13200 14000  ...more  
Comment by cfliesser on Jan 02, 2022 10:03pm
Looking at the raw AEM data, I'm a little worried these Oct & Nov #s might be a bit lower. Interesting showed a pretty big decline throughout Q3, then a jump in Oct, but that decline then continue to Nov. Will it continue to Dec though? Your thoughts?   Jan (Boe) Feb March April May June July Aug ...more  
Comment by kavern23 on Dec 31, 2021 6:40pm
Thanks for the kind words Fully!   Fully as you own alot of YGR your time in the sun is coming. OBE i just alittle further along in the "rebirth" then YGR. Anyways, I see Petroninja has their Nov production numbers finally updated. I get the data where faster then Petroninja but they are handier to look at inviidual wells then my model.  Alot of time for invidual ...more  
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