Yangarra Resources Ltd T.YGR

Questions

[kavern23]

Cliff and Fully, beyond the 2023 capex which is purely speculation at this point, I do see some questions here short term

Did you notice on presentation, we dont own the land were the 3 gushers were drilled in Aug, what happened here that we got that land and drilled?
-From what I can tell used to be enerplus land and YGR must have done a small deal at some point to get it.  Enerplus as been selling all canadian stuff.

Did you guys notice the current well being drilled in cheddar? WTF is going on!!!!

Unless an info error, but I checked a few sites, it looks like YGR is drilling in same spot they already have 3 cardium wells drilled....only well is like half mile longer.  The new ferrier licences also have this up and down thing going on.

The cardium is an upper sand, then bio, and then lower sand.  YGR has been already driled in bio...hoping the uppper and lower cardium are close enough the frac pulls oil from all in that 20 metre sand zone.

My hunch is YGR is doing the current well, slightly higher in upper cardium sand as probably thicker in there. From upper to lower sands....like 20 metres but it f*cking varies.  The lower result cheddar wells they probably are not catching oil from upper sands and just middle and lower part.

With such precise horizontal drilling tech as clearwater play has shown...drilling into 3 metre clear water zones....I think YGR is going for purely upper sands of cardium in the current well.

Upper sands have high porosity and if hit right...should gush without as much fracin.  Some parts of YGR land the upper has 75% of the oil.

Interesting.

[kavern23]

Further to below I will add this. Where the current well is drilling, three wells arleady producing. Well One was a gusher...like 897 barrels of oil per day in month 1 and by month 2 a sh*t load of ng 1600 mcf plus. Then well 2 and 3 were 100 barrels of oil and low amount of ng. Like bizarre. It shouldnt have been spacing too close together causing this as plenty of wells are this close and

[fullyautomatic]

Funny you mention it. I have been spending a lot time trying to figure land ownership throughout the base. I saw ERF listed there. I haven't seen a transfer from ERF so I don't really know what is going on there..  I think you are right on the current drills, something different being tried fer sure,, likely trying for better oil cuts? fingers crossed is all I can say Who is

[kavern23]

I think whispering pines is a company shell land agent that companies use to keep ownership anonymous. Meredian is another. Drilling technology has really changed even since 2018.  Pinpoint accuracy now on horizontal drills with computers. Oil is there...one of those wells came on at over 800.  They just need to keep the drill bit in perfect spot. YGR has plenty of well logs as have

[kavern23]

F*cksakes no numbers yet, I will check every hour. I need to f*ckin run this prod model before I can concentrate on lady friend and weekend. Definitley going to drink some wobbly's.