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

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Post by fullyautomatic on Dec 12, 2023 1:22pm

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Have a look at YGR recent 2 well data in Willy (4 drills but only production data on 2)

Combined 2 wells oil only- 366 bbl month 1

Walking distance 2 miles to the east Entrada drilled 2 wells same time

Combined 2 wells oil only- 11,581 bbl month 1

Someone needs fired.

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Comment by fullyautomatic on Dec 12, 2023 1:31pm

Correction- Wells are 8miles apart roughly. Still my point is- This cannot continue....

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Comment by Helloworld on Dec 12, 2023 1:33pm

Agree on the last line. 3 years straight of missed guidance and lower oil cuts. Where do I sign the firing petition?

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Comment by fullyautomatic on Dec 12, 2023 1:48pm

The other funny thing about the pad I'm whining about here is the well spudded in July is still not showing production data while later drills are on but as mentioned- they may as well not be... Naturally I'm sure this is not what managment had in mind for results, but to me this needs an explaination and accountability. None of which I'm expecting at this point.

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