Brief: Yangarra Announces 2023 Guidance, Banking Update

Yangarra Resources

23/12/2022 12:05

Dec 23 (Reuters) - Yangarra Resources Ltd  YGR.TO :
    * YANGARRA ANNOUNCES 2023 GUIDANCE AND BANKING UPDATE
    * YANGARRA RESOURCES LTD - BOARD OF DIRECTORS HAS APPROVED A
CAPITAL BUDGET OF $125 MILLION FOR 2023
    * YANGARRA RESOURCES LTD - WILL EXIT 2022 WITH 6 DRILLED BUT
UNCOMPLETED WELLS AND EXPECTS TO COMPLETE 14 WELLS IN Q1 OF 2023
    * YANGARRA RESOURCES LTD - BUDGET TO INCREASE CO'S ANNUAL
2023
AVERAGE PRODUCTION TO 13,000 BOE/D

Source text for Eikon:  ID:nCNW6R2LKa 
Further company coverage:  YGR.TO 
 ((Reuters.Briefs@thomsonreuters.com;))