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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

TSX:YGR - Post Discussion

Yangarra Resources Ltd > DUCs
View:
Post by cfliesser on Jan 28, 2023 1:38pm

DUCs

I see teh 6 DUC now on PN.

Sioemn of them were spud in early Nov.

Any reason why they didn't tie these ones in by now?

Seems like they drilled 3 per month (Nov and Dec) but didn't get any on production.
Comment by nearpeakfreak on Jan 28, 2023 4:54pm
It's in their latest press release dated Dec 23rd. "The Company will exit 2022 with 6 drilled but uncompleted wells and expects to complete 14 wells in the first quarter of 2023." NPF
Comment by cfliesser on Jan 28, 2023 7:30pm
Yea I know, but why wait so long to tie in?  Waiting for higher oil prices maybe? 
Comment by nearpeakfreak on Jan 28, 2023 9:39pm
I don't know but with 14 wells to bring on in the first quarter we should have alot of flush production in the first and second quarters. I hope they are liquid rich wells.  NPF
Comment by kavern23 on Jan 30, 2023 10:23pm
Economic reasons, 6 well pad so it would be more expensive to bring frac crew out and frac 3 wells at a time. Probably the even bigger reason is YGR 3 wells have to get shut in when fracin these 6 wells so they prbably want to do it as fast and organized as possible....water ready etc and hammer all 6. It also was extremly cold in Alberta in December for some days. Be freeze offs and slow going ...more  
Yangarra Resources Ltd