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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.

CALGARY, Alberta, June 02, 2026 (GLOBE NEWSWIRE) -- Yangarra Resources Ltd. (TSX:YGR) ("Yangarra" or the "Company") today announced a meaningful expansion of its 2026 capital program and an increase to its syndicated credit facility, reflecting strong early performance from its redesigned Belly River development program and positioning the Company for enhanced oil weighting on production, stronger cash flow…

Yangarra Resources is leveraging its agility to capitalize on rising commodity prices by accelerating high-return Belly River well development. YGRAF is increasing debt to expedite bringing its most profitable wells online. Belly River wells boast a 143% IRR at $70 WTI; with oil above $90, profitability is exceptionally robust.

CALGARY, Alberta, May 01, 2026 (GLOBE NEWSWIRE) -- Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX:YGR) announces the voting results from its Annual Meeting of shareholders held in Calgary, Alberta on May 1, 2026 (the “Meeting”).

Yangarra Resources faces a critical leadership transition following the passing of Chairman Gordon Bowerman. YGRAF's operational momentum includes improved interval results and a potentially strong balance sheet reset. The company's future hinges on replenishing industry-experienced leadership.