Yangarra Resources Ltd T.YGR

Clue

[kavern23]

I think one  biggest clue available with public info we have is the q4 land settlement.
who did ygr settle with?

cenovus to fiddlehead shows it wasn"t.

so it puts ball back towards Orlens.

ygr doing something with orlens in Ferrier area is most likely thing I can see if ygr makes a move or always fiddlehead thing if fiddlehead fails to take off.

Orlens Ferrier assets are ridiculously non core for the size that polish company is.

''question is would Orlens take ygr shares in a sale of their Ferrier stuff.

I just ran what Orlens does in that area...I get 950 boe oil per day, 6000 boe ng and let's say 2000 on NGOs.

[kavern23]

If Orlens bails from Canada, logical buyers for their stuff. kawa montney...financial strong players to take that. lochend property was a logical buyer in hwn energy. and Ferrier stuff well Orlens is running out of lease sites they can drill new wells from. I want too see orlens invest in making new lease sites....if orlens is in Ferrier log term they should be. ygr passing on Cenovus

[Hendrick3]

Or they simply couldn't rationalize spending money on production or issuing stocks, when their existing pdp reserves are selling at less than 30 cents on the dollar, less than 20k per flowing barrel. Their best use of any extra capital is to buy their own stock which they can't do until they hit their debt target. 

[pennydredful]

Sincethe banks  are  not lending  more and  more  are  sourcing  out term debt  from the US