CALGARY, Oct. 22, 2015 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) provides an operations update. Yangarra's 3rd quarter capital program had significant cost reductions in both drilling and completion operations, as well as earning new lands. One of the Company's 1.5 mile horizontal ("HZ") wells drilled in the 2nd quarter, at a cost of $1.3 million, was fracked with 45 stages and 675 tonnes of [...]
CALGARY, Sept. 17, 2015 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX:YGR) has refiled its Management's Discussion and Analysis for the year ended December 31, 2014 consolidating the "Disclosure Controls And Procedures" and "Internal Controls Over Financial Reporting" sections and revising the language within to more clearly explain the weakness in Disclosure Controls And Procedures and Internal [...]
CALGARY, Aug. 11, 2015 /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, 2015. Second Quarter Highlights Adjusted EBITDA (which excludes changes in derivative financial instruments) was $4.1 million ($0.06 per share - basic). Oil and gas sales, after royalties, were $5.8 million with funds flow from operations [...]
CALGARY, June 8, 2015 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) provides an operations update on cemented liner and drilling operations. Yangarra drilled two Cardium wells (1 mile laterals) in 2015 from the same surface pad using cemented liner and sliding sleeves, the first as an 18 stage well and followed up with a 30 stage well. Initial production for the first 30 days ("IP 30") was 158 [...]
CALGARY, May 28, 2015 /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 27, 2015 (the "Meeting"). Each of the matters voted on at the Meeting is outlined in the Information Circular dated April 17, 2015 and is available on SEDAR at www.sedar.com. The voting results for each matter presented at the [...]
CALGARY, ALBERTA--(Marketwired - May 21, 2015) - NOT FOR DISSEMINATION IN THE U.S. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX:YGR) announces the closing of its previously announced "bought deal" financing, completed by way of a short form prospectus, for the sale of 3,333,500 common shares of the [...]
CALGARY, May 14, 2015 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) announces its financial and operating results for the three months ended March 31, 2015. First Quarter Highlights Earnings before interest, taxes, depletion & depreciation, amortization and changes in commodity contracts ("EBITDA") was $9.8 million ($0.17 per share - basic) or $5.6 million including changes in commodity [...]
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. CALGARY, April 28, 2015 /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, Industrial Alliance Securities Inc., Clarus Securities [...]
CALGARY, April 20, 2015 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) expands credit facility, provides an update on TransCanada Pipelines' ("TCPL") on-going restrictions and an update on two recently drilled wells using a cemented liner. Credit Facility Update Yangarra has entered into amended and restated credit facility agreements with Alberta Treasury Branches ("ATB") which now consists of an [...]
CALGARY, March 19, 2015 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) releases its 2014 financials. 2014 Financial and Operating Highlights Average daily production was 2,870 boe/d, a 30% increase from 2013. Oil and gas sales, after royalties, were $51.4 million with funds flow from operations of $38.3 million ($0.70 per share - basic). This represents a 48% increase and a 49% increase [...]
CALGARY, Feb. 10, 2015 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the"Company") (TSX:YGR) releases the results of its 2014 year end oil and gas reserves evaluation, provides an operations update and a 2015 outlook. Reserve Report Highlights: The financial and operational information below is based on estimates and are unaudited. Developed producing reserves ("PDP") Increased by 48% (30% per share) to 5.8 million [...]
CALGARY, Nov. 20, 2014 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") provides an update on the Duvernay drilling operations. The Company drilled its continuation well in the Willesden Green block (7 gross, 7.0 net sections) to a total measured depth of 17,200 feet including a 1.2 mile lateral section. Drilling time from spud to TD was approximately 42 days with an estimated cost of $6 million to drill and [...]
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