Brief: Yangarra Q3 basic loss per share $0.02

Yangarra Resources

09/11/2015 11:00

Nov 9 (Reuters) - Yangarra Resources Ltd  YGR.TO : 
 * Announces third quarter 2015 financial and operating results 
 * Q3 basic loss per share $0.02 
 * Says qtrly production was negatively impacted by rolling transcanada 
   pipelines ltd. sales line shut downs 
 * Says production averaging 2,158 boe/d for the quarter, a 29% decrease from 
   the same period in 2014 
 * Qtrly petroleum & natural gas sales $5.4 million versus $14.8 million 
 * Corporate strategy for 2016 in the current commodity environment is to target 
   and maintain 2,500 - 2,750 boe/d 
 * Says has 35% - 40% of its oil production hedged for 2016 
 * Source text for Eikon  urn:newsml:reuters.com:*:nCNWY7ZRJa 
 * Further company coverage  YGR.TO   
 
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