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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 > Kavern June production estimate
View:
Post by kavern23 on Jul 23, 2024 12:19am

Kavern June production estimate

I got June numbers similar to what I expected, strong on ng so NGl's should still be strong and 200-250b per day lower on oil. 

so around 11.9k per boe a day for q2...11.8 April, 12.1 may and 11.8 June.

orher take way is belly wells still look good.

I expect ygr is going to try complete and tie in 4 well pad being drilled right now...2 belly's and 2 cardium before August 15th to average plus 2500 bo per day for q3.

Belly zone was an extremely helpful find.

Comment by kavern23 on Jul 23, 2024 12:29am
Considering things in context of capital spend, ygr is figuring a way to make it through summer enviro. Ygr is also set up quite well to do a property buy if the price is right. both Bonferra and inplay are going to  need stellar last 6 months to hit guidance on oil and overall production but oil part is most concerning. Have double warmer or lower ng prices and lower overall oil production ...more  
Comment by Helloworld on Jul 23, 2024 2:45pm
Thanks Kav. So should be a good Q2 report in a week.  Agree that the belly river wells have been very beneficial to YGR in achieving production results. The lower decline should also help in stabilizing oil production if they can get a few more online this year.  Really has been a great year of execution considering how 2023 ended. Unfortunately not recognized by market but getting ...more  
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