Brief: Yangarra Resources Says 2019 Cash Flow From Operations Estimated At $95 Mln To $105 Mln

Yangarra Resources

07/01/2019 21:19

Jan 7 (Reuters) - Yangarra Resources Ltd  YGR.TO :
    * YANGARRA PROVIDES OPERATIONS UPDATE AND 2019 GUIDANCE
    * YANGARRA RESOURCES LTD - PRODUCTION FOR 2018 AVERAGED
APPROXIMATELY 9,400 BOE/D
    * YANGARRA RESOURCES LTD - Q4 2018 PRODUCTION ESTIMATED AT
12,200
BOE/D.
    * YANGARRA RESOURCES LTD - LIMITED HEDGING FOR 2019
    * YANGARRA RESOURCES LTD - APPROVED AN INITIAL CAPITAL
BUDGET OF
$100 MILLION FOR 2019
    * YANGARRA RESOURCES LTD - BUDGET IS EXPECTED TO INCREASE
COMPANY'S ANNUAL 2019 PRODUCTION TO 13,000 - 14,000 BOE/D
    * YANGARRA RESOURCES - 2019 CASH FLOW FROM OPERATIONS
ESTIMATED AT
$95 MILLION TO $105 MILLION

Source text for Eikon:  ID:nCNWwZF9La 
Further company coverage:  YGR.TO 

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