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Yangarra Resources Ltd. · Calgary, AB Canada ·(TSX Venture: YAN)

Company Description

Ste. 1530, 715 - 5th Ave. SW
Calgary, AB
T2P 2-X6
Canada (Map)
Phone: +1-403-262-9558
Fax: +1-403-262-8281
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    Yangarra Resources Ltd. wants to yank some oil and natural gas from reserves in Western Canada. The exploration and production company (formed from the 2005 merger of TriOil and the former Yangarra Resources Inc.) has three core operating areas in the province of Alberta: Ferrier, Medicine Hat, and Jaslan. It also has noncore operations in Saskatchewan and other areas of Alberta. The company has an inventory of more than 50 locations that are prospects for drilling. Yangarra Resources has proved and probable reserves of 2.9 million barrels of oil equivalent. In 2009 it filed for Canada's version of bankruptcy protection and agreed to merge with Athabaska Energy. To read the full description, subscribe now.
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    Key Yangarra Resources Ltd. Financials

    Company TypePublic - TSX Venture: YAN

    Single Location
    Fiscal Year-EndDecember
    2008 Sales (mil.)$7.3
    Employees12

    Yangarra Resources Ltd. Executives

    10 executives listed for Yangarra Resources Ltd.'s Calgary, AB location.
    TitleName & BioContact
    President and CEOJames EvaskevichNetwork
    ControllerJ. Grant EvaskevichNetwork
    VP ExplorationDon PoruchnyNetwork

    Competition

    Competitive Landscape for Yangarra Resources Ltd.
    Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.
    Top Yangarra Resources Ltd. Competitors
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