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Bullboard - Stock Discussion Forum Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

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 > Europe gas
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Post by TheRexmember on Sep 16, 2023 12:39am

Europe gas

Regarding the comments on European gas markets all of that is true. The bizarre thing- pretty much everywhere - is that storage is inadequate.

gas usage, gas production, LNG and regasificstion have grown like crazy but storage facilities have not bee created.
Comment by kavern23 on Sep 18, 2023 6:27pm
More storage would just lower the seasonal top end for NG. Rex sadly it does not look good for AECO NG right now. Market isnt as healthy as commodity prices currently are. Janaury 2024, peak heating NG price if were to hedge is only alittle over 3 dollars. Yikes. These speculators, causing bubbles. hard to short NG as Europe can ban Russian LNG at any time. So the longs piling in and keeping ...more