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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 > first victim
View:
Post by Flush11 on Aug 29, 2024 4:30pm

first victim

LOL Kavern, now you are just making stuff up. 

YGR has 50% higher debt than PNE. PNE easily makes capex and dividend payments with the liquids production alone. The 19,000 BOE/D from gas and all of the 3rd party processing fees they earn are an extra until prices recover. 

YGR was being stepped down on their credit line.  

Their main supporting lender quite the consortium probably because they were irritated by the restated reserve numbers.
Comment by kavern23 on Aug 29, 2024 9:58pm
What am I making up on pine cliff? problem flush is you really have to dig into the company. they have one individual well that is probably contributing 60-70 percent of Pne q2 cf. That well has done over 200 per day on condy for last 9.5 months...done over 1500 boe a day since was tied in last fall. This well is glacy in Caroline. becsuse the returns would be so good on more wells ...more  
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