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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

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Post by kavern23 on Jul 24, 2024 10:19pm

Today

Today some of ygr s peers in sense other Canadian energy producers , hit new 52 week lows like Pne hitting 89 cents.
Bne broke its trading range of 4.90-5 and hit 4.85.
inplay seems to be holding.

I am really intrigued if ygr announces some kind of property buy with q2...say 50-50 chance.

Very bullish on companies continuing to get technology gains in production rates on wells.

Because of this companies will want to own multiple zones in geographic area.
the move to super 12 plus well pads will drive some mergers in central Alberta zone.
last year had Certus and bonavista go.

small operators that have no drilling plans or have drilled much in 2024 that have to ask themselves can we hold out a year or sell out now.

one thing I have always liked about ygr is they always drill when they can
Comment by pennydredful on Jul 25, 2024 10:59am
It   seems   very   few  will   avoid the    impact   of   wild   fires   including    YGR    so   could  explain general    weakness    
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