Yangarra Resources Ltd.

CALGARY, Nov. 16, 2017 /CNW/ - Yangarra Resources Ltd. has increased the syndicated senior credit facility to $120 million.  The banking syndicate is led by Alberta Treasury Branches and includes Canadian Imperial Bank of Commerce and National Bank of Canada. The facility is now comprised of a $110 million extendible revolving term credit facility and a $10 million operating facility.  All other commercial terms remain [...]

CALGARY, Nov. 2, 2017 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) announces its financial and operating results for the three and nine months ended September 30, 2017. Third Quarter Highlights Production averaged 6,025 boe/d (55% liquids), an increase of 131% from the third quarter of 2016. Production per share growth of 126% from the third quarter of 2016.       Funds flow from operations of [...]

CALGARY, Aug. 3, 2017 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) announces its financial and operating results for the three and six months ended June 30, 2017. Second Quarter Highlights Production averaged 5,705 boe/d (54% liquids), doubling output from the second quarter of 2016. Production per share growth of 97% from the second quarter of 2016 and 27% from the first quarter of 2017 [...]

CALGARY, June 12, 2017 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) provides the following  updates. New Cardium 2-mile Type Curve Yangarra has analyzed the results from its most recent 10 well program to develop a type curve for future 2-mile Cardium wells on the Company's land base. The wells drilled in the bioturbated zone exhibit better initial flow rates, higher pressures and lower than [...]

CALGARY, May 15, 2017 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX:YGR) announces the voting results from its Annual and Special Meeting of shareholders held in Calgary, Alberta on May 15, 2017 (the "Meeting"). Each of the matters voted on at the Meeting is outlined in the Information Circular dated April 10, 2017 and is available on SEDAR at www.sedar.com. The voting results for each matter [...]

CALGARY, May 12, 2017 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) has entered into a $100 million syndicated credit facility. The banking syndicate is led by Alberta Treasury Branches and includes Canadian Imperial Bank of Commerce. The facility is comprised of a $90 million extendible revolving term credit facility and a $10 million operating facility. The initial maturity date of the facility [...]

CALGARY, May 11, 2017 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) announces its financial and operating results for the three months ended March 31, 2017. First Quarter Highlights Adjusted EBITDA (which excludes changes in derivative financial instruments) was $10.9 million ($0.13 per share - basic). Oil and gas sales were $15.5 million with funds flow from operations of $10.3 million ($0.13 [...]

CALGARY, March 15, 2017 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) announces its financial and operating results for the year ended December 31, 2016. 2016 Highlights Adjusted EBITDA (which excludes changes in derivative financial instruments, and includes gain on settlement of lawsuit) was $31.2 million ($0.42 per share - basic). Oil and gas sales were $29.1 million with funds flow from [...]

CALGARY, Feb. 14, 2017 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) releases the results of its 2016 year end oil and gas reserves evaluation. Reserve Report Highlights: The independent reserves report prepared by Deloitte is dated February 14, 2017 and is effective as of December 31, 2016, ("2016 Reserve Report"). The financial and operational information below is based on estimates and are [...]

CALGARY, Jan. 24, 2017 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) provides the following operations update. Production for 2016 averaged approximately 2,930 boe/d (23% growth from 2015) with fourth quarter production of 3,100 boe/d (53% liquids). Current production is approximately 4,000 boe/d. The Company's base corporate decline rate for 2016 was approximately 20% (excluding wells drilled in [...]