Yangarra Resources Ltd T.YGR

Quarterly Production 2023 target

[kavern23]

Anyone have any guesses how they get 13k for the 2023 year by Q?

I am thinkin 12.5 Q1, 13, 13 and 13.5 in Q4 = 13k boe target.
Production is going to be jagged between month. Q3 likely is hurt abit by tie ins not happening until Aug 1 for produciton lift.

Think they average Q4 at 11.8 -12k boe.  But if we don't get the ferrier wells tied in until Jan 2023...that is why going with 12.5 for q1.  Prob exiting 2022 lower then beginnng of Q4...say even 11.8 ish on dec 2022. Then new wells.

[kavern23]

Any guesses on Capex by Q.... Go with 38, 26, 31, 31= 125-126m Average well 3.5m

[kavern23]

What really hinders the esimate abit is YGR says they are drilling and completing 14 wells in q1, with 6 wells carried from 2021.  I have to guess on where the 8 wells in Q1 drilling are. Would assume rigs leaves 6 well pad and does 5 well pad in Phoneix and then comes back and drills 3 more 1 mile wells on that ferrier pad.  And then 3 more 1 mile on other side. Making a 12 well total

[perstrudent]

Curious if you done any last month analysis for ygr and obe on monthly production and new wells...always appreciate your insight and you seem to get the data earlier than others...OBE should have had a ton of wells come on in November

[kavern23]

Wasn't much to talk about actually for November. December will be key month. The three new Caroline wells didn't produce for ygr yet. bne and ipo didn't have much happening. looked at Obe more in detail in oct. wells were looking good again. Obe probably did quite well in overall adding new reserves. obe nov wells will have full days in dec. I will check out the prop stuff soon