CALGARY, Sept. 12, 2016 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) provides an operations update. Duvernay Update Yangarra flow tested the 15-19 Duvernay well over the past weekend after its initial 45 day soak period. Gas rates ranged from 3.2 mmcf/d to 3.5 mmcf/d with a final rate of 3.4 mmcf/d and a free condensate (~60? API) rate of 50 – 100 bbl/mmcf with an average of 77 bbl/mmcf. Water [...]
CALGARY, Aug. 10, 2016 /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, 2016. Second Quarter 2016 Highlights Production averaged 2,849 boe/d. Cash costs totaled $12.66/boe Operating costs of $7.01/boe. Transportation costs of $1.41/boe. Royalties of $0.45/boe (2% of revenue). G&A costs of $1.48/boe [...]
CALGARY, May 26, 2016 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX:YGR) announces the voting results from its Annual Meeting of shareholders held in Calgary, Alberta on May 26, 2016 (the "Meeting"). Each of the matters voted on at the Meeting is outlined in the Information Circular dated April 21, 2016 and is available on SEDAR at www.sedar.com. The voting results for each matter presented at the [...]
/NOT FOR DISSEMINATION IN THE U.S. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITES STATES SECURITIES LAW/ CALGARY, May 25, 2016 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX:YGR) announces the closing of its recently announced "bought deal" financing, completed by way of a short form prospectus, for the sale of 10,000,000 Common Shares of the Corporation (the "Common [...]
CALGARY, May 12, 2016 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) announces its financial and operating results for the three months ended March 31, 2016. First Quarter Highlights Production of 3,173 boe/d. Oil and gas sales were $6.3 million with funds flow from operations of $3.4 million ($0.05 per share - basic). Net income of $11.9 million ($0.18 per share - basic). Adjusted EBITDA [...]
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S/ CALGARY, May 5, 2016 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX:YGR) announces it has entered into an equity financing agreement, on a bought deal basis, with AltaCorp Capital Inc., as lead underwriter and including Acumen Capital Finance Partners Limited, Clarus Securities Inc., Dundee Capital Markets [...]
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S/ CALGARY, May 5, 2016 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX:YGR) announces it has entered into an equity financing agreement, on a bought deal basis, with AltaCorp Capital Inc., as lead underwriter and including Acumen Capital Finance Partners Limited, Clarus Securities Inc., Dundee Capital Markets [...]
CALGARY, April 29, 2016 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) renews credit facility. Yangarra has resigned its credit facility agreement with Alberta Treasury Branches ("ATB") renewing the existing $80 million senior line. All other terms remain the same and the next review is scheduled for May 31, 2017. Yangarra will release its financial and operating results for the three months ended [...]
CALGARY, March 16, 2016 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) announces its financial and operating results for the year ended December 31, 2015. 2015 Highlights Adjusted EBITDA (which excludes changes in derivative financial instruments) was $22.9 million ($0.36 per share - basic). Oil and gas sales were $25.1 million with funds flow from operations of $21.4 million ($0.34 per share [...]
CALGARY, Feb. 16, 2016 /CNW/ -Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) releases the results of its 2015 year end oil and gas reserves evaluation. Reserve Report Highlights: Yangarra's 2015 capital program was designed to take advantage of cemented liner technology and extended reach wells with strategic selection of wells to demonstrate the strength of the inventory. These advances were [...]
CALGARY, Jan. 7, 2016 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) provides an operations update. Fourth quarter 2015 production is estimated to be 2,600 boe/d, with two new wells (one 1.0 mile and one 1.5 mile) expected to be on-stream in January once mandatory static gradients are performed. Yangarra's strong gross profit ("GP") margins from operations (77% GP, Q3 2015) continue despite the [...]
CALGARY, Nov. 9, 2015 /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, 2015. Third Quarter Highlights Adjusted EBITDA (which excludes changes in derivative financial instruments) was $4.4 million ($0.07 per share - basic). Oil and gas sales, after royalties, were $5.3 million with funds flow from [...]