Yangarra Resources Ltd. announces its financial and operating results for the three and nine months ended September 30, 2025. Third Quarter Highlights Funds flow from operations of $13.2 million , a decrease of 4% from the same period in 2024 Oil and gas sales of $24.4 million, a decrease of 7% from the same period in 2024 Adjusted EBITDA of $14.5 million , a decrease of 8% from the same period in 2024 Net income of $2.3 [...]
CALGARY, AB, July 30, 2025 /CNW/ - Yangarra Resources Ltd. announces its financial and operating results for the three and six months ended June 30, 2025. Second Quarter Highlights Funds flow from operations of $15.5 million , a decrease of 28% from the same period in 2024 Oil and gas sales of $29.5 million, a decrease of 17% from the same period in 2024 Adjusted EBITDA of $16.5 million , a decrease of 26% from the same [...]
Yangarra Resources Ltd. announces the voting results from its Annual Meeting of shareholders held in Calgary, Alberta on May 1, 2025 . Each of the matters voted on at the Meeting is outlined in the Information Circular dated March 27, 2025 and is available on SEDAR+ . The voting results for each matter presented at the Meeting are below: Fixing Number of Directors A resolution asking shareholders to fix the number of [...]
Yangarra Resources Ltd. announces its financial and operating results for the three months ended March 31, 2025. First Quarter Highlights Funds flow from operations of $20.0 million , a decrease of 18% from the same period in 2024 Oil and gas sales of $34.1 million, a decrease of 16% from the same period in 2024 Adjusted EBITDA of $21.3 million , a decrease of 19% from the same period in 2024 Net income of $5.4 million [...]
Yangarra Resources Ltd. announces its financial and operating results and reserves for the year ended December 31, 2024. 2024 Operations Review Yangarra drilled 19 gross wells during 2024 80% of Yangarra's production was curtailed for four weeks during the third quarter due to a third party turn-around, impacting the yearly average production by 557 boe/d and impacting revenue by approximately $6 million The Company [...]
Yangarra Resources Ltd. announces its 2025 capital budget & guidance, a land acquisition and an operations update. 2025 Capital Budget & Guidance The Company's Board of Directors has approved a capital budget of $55 - $60 million for 2025, which will hold production flat at 11,250 - 11,750 boe/d. At USD $68.00/bbl for WTI oil and CDN$2.00/GJ for AECO natural gas this budget will generate $85 - $90 million of cash flow [...]
Yangarra Resources Ltd. announces its financial and operating results for the three and nine months ended September 30, 2024. Operations Update Yangarra started up the drilling program in late July after a period of reduced activity in the second quarter and expects a very active fourth quarter for bringing on new wells. Despite the reduced annual activity levels, the Company will maintain relatively flat production for [...]
Yangarra Resources Ltd. announces its financial and operating results for the three and six months ended June 30, 2024. Operations Update The Company grew production to 11,366 boe/d for the second quarter due to a strong finish for the winter drill program and continued success in the well stimulation program. Yangarra spent $8.1 million in capital, resulting in $13.1 million of free cash flow which decreased net debt to [...]
Yangarra Resources Ltd. announces the voting results from its Annual Meeting of shareholders held in Calgary, Alberta on May 1, 2024 . Each of the matters voted on at the Meeting is outlined in the Information Circular dated March 27, 2024 and is available on SEDAR+ . The voting results for each matter presented at the Meeting are below: Fixing Number of Directors A resolution asking shareholders to fix the number of [...]
Yangarra Resources Ltd. announces its financial and operating results for the three months ended March 31, 2024. During the quarter, Yangarra successfully executed a high-graded capital program resulting in promising results at West Ferrier and Chambers. The initial Belly River well was followed up with two additional Belly River wells. As a result of the high-grade capital program, the liquids weighting increased from [...]
Yangarra Resources Ltd. announces its financial and operating results and reserves for the year ended December 31, 2023. 2023 Operations Review Yangarra continued to refine the Company's drilling approach resulting in a dramatic reduction in drilling times and drilling costs. The new core area of Chambers with Cardium, Belly River and Manville potential was delineated with five Cardium wells and one Belly River well with [...]
Yangarra Resources Ltd. announces its financial and operating results for the three and nine months ended September 30, 2023. Operations Update Yangarra grew funds flow from operations by 29% from last quarter, while maintaining production, despite a number of unplanned and extended 3rd party turnarounds. The nine wells brought on stream toward the end of Q3 are currently flowing back, recovering frac fluids. Drilling [...]