22 Oct 2015
YANGARRA RESOURCES LTD. (YGR) PROVIDES OPERATIONS UPDATE
Impact - negative in the near-term given lower than anticipated 2H15 production volumes as a result of TCPL restrictions, although operationally the Company looks strong with significant cost reductions in both drilling and completions and promising results from its latest 1.5 mile horizontal Cardium well, while the Company's first glimpse at 2016e guidance is reasonably in line with our thinking
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YANGARRA RESOURCES LTD. (YGR) PROVIDES OPERATIONS UPDATE
Yangarra Resources Ltd. (YGR:TSE) | 0 0 -0.4% | Mkt Cap: 405.3m
- Published:
22 Oct 2015 -
Author:
Michael Hearn -
Pages:
3
Impact - negative in the near-term given lower than anticipated 2H15 production volumes as a result of TCPL restrictions, although operationally the Company looks strong with significant cost reductions in both drilling and completions and promising results from its latest 1.5 mile horizontal Cardium well, while the Company's first glimpse at 2016e guidance is reasonably in line with our thinking