
17 Mar 2016
Resources Reports Year-End Financial Results, Updates Guidance
Yangarra reported year-end results with production, cash flow, capital expenditures, and net debt all largely as expected, as the Company had provided preliminary year-end estimates in an early January operations update. Recall the Company released its year-end reserve report one month ago as detailed in our Facts dated February 17, 2016. While previously alluding to a cash flow budget for 2016e, Management has put forth more formal guidance, with the Board of Directors approving a $24 mm capita ....

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Resources Reports Year-End Financial Results, Updates Guidance
Yangarra Resources Ltd. (YGR:TSE) | 0 0 -0.4% | Mkt Cap: 405.3m
- Published:
17 Mar 2016 -
Author:
Michael Hearn -
Pages:
6 -
Yangarra reported year-end results with production, cash flow, capital expenditures, and net debt all largely as expected, as the Company had provided preliminary year-end estimates in an early January operations update. Recall the Company released its year-end reserve report one month ago as detailed in our Facts dated February 17, 2016. While previously alluding to a cash flow budget for 2016e, Management has put forth more formal guidance, with the Board of Directors approving a $24 mm capita ....