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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 > Take a look at power prices
View:
Post by TheRexmember on Oct 07, 2023 11:27pm

Take a look at power prices

Nat gas in Alberta is 60% of Ontario prices and electricity is 2X
Comment by kavern23 on Oct 08, 2023 2:11am
Rex I think companies should be hedging Nov production at 2.80. I would rather have 2.80 locked in and missing out on potential uo to 3.40 price than have the downside of 2.20 if it is warm temperatures. If last week of october is warm, ng is going to tank to 2.20 or under Aeco for nov. Not a good situation. If London and Berlin remain at high of 18 degrees and low of 13 degrees all of october, ...more  
Comment by kavern23 on Oct 08, 2023 5:39am
Rex..this is other reality...rigs are rolliing right now...cardy players are all drilling...rigs have been unracked and Bonterra, Petrus, Yangarra, Richochet, Inplay, Obsisian, Entrada and Orlens. The fall could be a "battle"