Brief: Yangarra Resources Reports Qtrly Funds Flow From Operations Of $39.8 Mln

Yangarra Resources

27/04/2022 23:13

April 27 (Reuters) - Yangarra Resources Ltd  YGR.TO :
    * YANGARRA ANNOUNCES 2022 FIRST QUARTER FINANCIAL AND
OPERATING
RESULTS
    * YANGARRA RESOURCES LTD - QTRLY FUNDS FLOW FROM OPERATIONS
OF
$39.8 MILLION ($0.46 PER SHARE - BASIC)
    * YANGARRA RESOURCES LTD - QTRLY OIL AND GAS SALES WERE
$51.4
MILLION, AN INCREASE OF 81% FROM SAME PERIOD IN 2021
    * YANGARRA RESOURCES LTD - AVERAGE PRODUCTION OF 10,044
BOE/D (44%
LIQUIDS) DURING QUARTER, A 15% INCREASE FROM SAME PERIOD IN 2021
    * YANGARRA RESOURCES LTD - PRODUCTION FOR Q1 2022 WAS
NEGATIVELY
IMPACTED BY A FORCE MAJEURE OUTAGE AT A THIRD-PARTY GAS
PROCESSING PLANT
    * YANGARRA RESOURCES LTD - THIRD-PARTY OUTAGE RESULTED IN
PRODUCTION BEING REDUCED BY APPROXIMATELY 1,500 BOE/D IN MARCH
    * YANGARRA RESOURCES LTD - PRODUCTION AT PLANT WAS BACK
ONLINE AS
OF APRIL 1, 2022
    * YANGARRA RESOURCES LTD - GURDEEP GILL HAS BEEN APPOINTED
PRESIDENT OF COMPANY; JIM EVASKEVICH WILL RETAIN TITLE OF CHIEF
EXECUTIVE OFFICER

Source text for Eikon:  ID:nCNW9mJYca 
Further company coverage:  YGR.TO 

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