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Yangarra Announces 2020 Year End Financials, Operating Results and Reserves News provided by Share this article Yangarra Resources  Yangarra or the Company ) (TSX: YGR) announces its financials,  operating results and reserves for the year ended December 31, 2020. 2020 was a volatile year with many challenges for the oil & gas industry in North America. Yangarra quickly responded to COVID-19 in early 2020 by reducing the capital program to zero until August 2020. Although this resulted in a decline in production, the Company worked to streamline operations and internalize third-party capital expenditures. As a result, Yangarra achieved lower drilling & completion costs which it expects to maintain as industry activity ramps up.  In 2021, the Company has embarked on several ESG initiatives to address methane emissions, is working on creating a stronger management structure and plans to diversify the board of directors by adding two new members.

United statesUniversity of tulsaDale millerGurdeep gillLorne simpsonYangarra resources ltdJames evaskevichJames glessingTrish olynykJim evaskevichMedium oilHillcrest petroleum ltdCompany netbacksSummary of oilTillyard management conference centreCompany share gross