Yangarra Resources Ltd T.YGR

Interesting New YGR Drilling Move

[kavern23]

These 5 wells licences for YGR are new as of this morning.  They are on that new land package.
The interesting part is notice YGR did it right beside that single Petrus well to the right that was drilled by Petrus in Sept 2022.  My educated guess is YGR seen PEtrus intial well results and they are good so YGR is plubking a 5 well pad beside that PEtrus well for that reason. Petrus has been scambling to buy land aroud what YGR got.

[kavern23]

It wont past my image.

[TheRexmember]

Was that one a big boomer? I seem to recallba bit of excitement around one of their wells. i see that HWX missed on two Peavine Strat wells. No idea who they are close to. Wonder if Rubellite bought some crappy land? Not a drilling team (at rby) that can afford a lot of misses. 

[fullyautomatic]

Pretty darn exicting. The wells you mentioned are mapped on Petro Ninja already-  Oil wells.

[cfliesser]

what grid coordinate?

[fullyautomatic]

03-11-040-10W5

[cfliesser]

ahh nice right next to their other WF land

[kavern23]

Hopefully this Thursday I can get what Petrus got on that well 04-01-040-10w5...should have been going in Oct and that well looks to have YGR excited. I think those 5 wells YGR licensed are still in oil window and then as you go more south and east it eventually gets to condy. ocndy is real valuable. Both the short 1 miles they are currently drilling and these 5 licenses seem to be in a fan

[kavern23]

greasy oil prices today but aeco natural gas is strong. No October production numbers out yet but I think tonight I can run and I will post.

[yureja22]

This post has been removed in accordance with Community Policy

[kavern23]

Data is late, nothing yet. Interesting though to see short position has dropped from 6.1m on oct 15 to under 5m on nov 15. 1.1m less short in a month. Perhaps they can see the light