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Yangarra Resources (YGRAF) is benefiting from higher commodity prices and improved well profitability. Development of the more profitable Belly River interval and enhanced well designs are driving operational improvements. Management made a decision to accelerate activity in Q2 2026, despite wet conditions.

Yangarra Resources is ramping up activity, increasing its bank line to C$160 million and planning to drill 25 wells this fiscal year. Enhanced Belly River well designs have significantly improved profitability. The expanded credit facility reflects lender confidence in YGRAF's operational progress and the viability of its new drilling strategy.