Brief: Yangarra Resources Implemented A Number Of Actions To Reduce Risk Of Virus Spread

Yangarra Resources

01/04/2020 21:17

April 1 (Reuters) - Yangarra Resources Ltd  YGR.TO :
    * YANGARRA RESOURCES LTD - IMPLEMENTED A NUMBER OF ACTIONS
TO
REDUCE RISK OF SPREAD AMONGST EMPLOYEE
    * YANGARRA RESOURCES LTD - FORMAL GUIDANCE FROM CO IS
SUSPENDED
    * YANGARRA RESOURCES LTD - CAPITAL EXPENDITURES WERE
APPROXIMATELY
$25 MILLION IN Q1 AND SPENDING WILL RE-COMMENCE ONCE COMMODITY
PRICES IMPROVE
    * YANGARRA RESOURCES LTD - CURRENTLY YANGARRA HAS FOUR
DRILLED BUT
UNCOMPLETED WELLS IN CHEDDER AREA
    * YANGARRA RESOURCES LTD - HAS ABOUT 100,000 BBLS OF
EXISTING
AVAILABLE OIL STORAGE
    * YANGARRA RESOURCES LTD - CURRENT PRODUCTION IS
APPROXIMATELY
12,000 BOE/D.

Source text for Eikon:  ID:nCNWcyHPPa 
Further company coverage:  YGR.TO 

 ((Reuters.Briefs@thomsonreuters.com;))