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

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Yangarra Resources Ltd > Pad

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Post by bigstar10 on Jan 16, 2022 8:26am

Pad

CEO on LinkedIn

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Comment by margaritaman on Jan 17, 2022 4:11pm

Tweeted the same pic. If the CEO of a junior E&P that just spent ~$40m on a 14 well pad (assuming $3m/well ) that he pumps on social media and it's not a winner we have a big problem. Time will tell.

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Comment by kavern23 on Jan 17, 2022 6:04pm

The oil rate was the big shocker on first 6 wells drilled in West Ferrier at least to me. I suspect it get's gassy to the west of YGR land but YGR got the break it deserved on wells coming in "oily" at nice amount.

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Comment by kavern23 on Jan 17, 2022 8:17pm

That is one of the impressive things about that picture...having 14 wells on one lease site like that is so much more cost effective. And the future operating cost savings are ongoing great...less roads and pads to clear snow with a grader in winter...operators have less driving. Less roads o gravel and maintain. Culverts to change. F8ckin everything that costs money. I ...more

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Yangarra Resources Ltd