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Yangarra Resources Cuts Debt and Boosts Production

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Yangarra Resources Cuts Debt and Boosts Production

Yangarra Resources (TSE:YGR) has released an update.

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Yangarra Resources Ltd. reports increased second-quarter production and a significant reduction in net debt, achieving the lowest debt level since 2017. The Company is also focusing on maintenance and upgrades, including a field-wide program to meet 2024 standards, despite facing lower natural gas prices and short-term operational cost increases.

For further insights into TSE:YGR stock, check out TipRanks’ Stock Analysis page.

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