Yangarra Resources Ltd. · TSX:YGR
Yangarra Resources — Investor Presentation (August 2025)
19 slides from Yangarra Resources's investor presentation, August 2025
Slide 1: Corporate Presentation
CORPORATE PRESENTATION TSX: YGR AUGUST 2025
Slide 2: Introduction
INTRODUCTION ➢ Yangarra focuses on developing the unconventional Cardium play in West Central Alberta, including the Belly River ➢ Unique Cardium position analogous to plays such as the Montney resource play • PDP RLI of 10.6 years and Proved RLI of 22.6 years, combined with significant unbooked lan
Slide 3: 2024 Review & Go-Forward Plan
2024 REVIEW & GO-FORWARD PLAN 2024 Review ➢ Limited capital spend to less than $60 million ➢ Average 2024 production of 10,500 boe/d • 557 boe/d negative impact from extended 3rd party turnaround • Halted stim program in the fourth quarter due to natural gas prices and macro uncertainty ➢ Reduced ne
Slide 4: Reserves & Inventory
RESERVES & INVENTORY ➢ As at YE 2024, the Company had • $501 million in PDP NPV10 reserves, PDP RLI 10.6 years >>> PDP NAVPS of $3.75 • $1.1 billion in total proved NPV10 reserves, total proved RLI 22.6 years >>> Proved NAVPS of $8.91 • $1.4 billion in 2P NPV10 reserves, 2P RLI 35.6 years >>> 2P NAV
Slide 5: Corporate Snapshot
CORPORATE SNAPSHOT CAPITALIZATION SUMMARY HISTORICAL PERFORMANCE Share Price (Jul 30) $1.08 2024 Q2 2025 Basic Shares 101.3 Options/RSUs 9.2 Avg. BOE/D 10,500 10,560 Fully Diluted 110.5 Basic Mkt. Cap. $109.4 CAPEX $60 $15 Q2 2025 Net Debt $100.7 FFO $76 $16 Enterprise Value $210.1 Free CF $16 $0.5
Slide 6: Core Principles
CORE PRINCIPLES OWNER MODEL EARNINGS DRIVEN RETURN FOCUSED ➢ Insiders own 21% of basic shares & ➢ Focus on profitability ➢ Economic returns drive capital 27% on a fully diluted basis decisions ➢ Q2 2025 FD EPS $0.06 ➢ G&A per BOE of ~$1-1.50/boe ➢ Infrastructure & integrated services ➢ Share capital
Slide 7: Expanding Cardium Footprint
EXPANDING CARDIUM FOOTPRINT ➢ Halo Cardium initially unlocked with the development of multi-stage fracked horizontal wells ➢ Recent developments show that the unconventional Cardium is much larger in aerial extent than just a thin halo edge around conventional Cardium pools ➢ Virgin unconventional C
Slide 8: West Ferrier & New Chambers Area
WEST FERRIER & NEW CHAMBERS AREA ➢ Pace of industry activity increased since 2020, active large producers in the area include: • Peyto, TAQA, Vermilion ➢ Chambers success in the Cardium & Belly River has expanded play footprint ➢ Both West Ferrier & Chambers serve as a prime example of Yangarra’s lo
Slide 9: Cow Lake & Chedderville
COW LAKE & CHEDDERVILLE Chedderville ➢ Lower rate wells but sustained by shallower liquids decline profile Cow Lake ➢ Significant runway of inventory development ➢ Results with completions changes show shallower decline profiles yangarra resources ltd. AUGUST 2025| PG 9 (Refer to end of presentation
Slide 10: Willesden Green
WILLESDEN GREEN West Willesden Green East Willesden Green ➢ Typically higher IP rates than West Willesden Green ➢ Plenty of infill opportunities East Willesden Green ➢ Limited ability to grow land base West Willesden Green ➢ Lower gas drive but higher oil cuts, resulting in lower IPs ➢ Yangarra expe
Slide 11: Oil Field Services (OFS) Group
OIL FIELD SERVICES (“OFS”) GROUP ➢ Yangarra’s internally owned & operated OFS group works exclusively on Yangarra projects • Yangarra took advantage of low-pricing during 2020 to buy equipment • OFS group will help offset inflationary pressures ➢ Reduced costs by • 50% for pipeline costs compared to
Slide 12: Leadership
LEADERSHIP MANAGEMENT TEAM BOARD OF DIRECTORS Jim Evaskevich* - 30+ years of extensive executive experience Gordon Bowerman - President of Cove Resources Ltd. CEO - Strong field & drilling operational background Chairman - 50+ years of oil & gas experience Gurdeep Gill, CFA* - 20+ years of experienc
Slide 13: Appendix
APPENDIX RISK MANAGEMENT, PRESENTATION FOOTNOTES & FORWARD LOOKING STATEMENTS yangarra resources ltd. AUGUST 2025| PG 13 (Refer to end of presentation for slide notes & advisories)
Slide 14: Presentation Footnotes
PRESENTATION FOOTNOTES AUGUST 2025 ➢ Slide 3: For FFO see definition on presentation footnotes; Based on xxx assumptions ➢ Slide 4: NAV = NPV10 Reserve Value less adjusted Net Debt and excludes undeveloped land value, effective as at December 31, 2024 based on the reserve report prepared by Deloitte
Slide 15: Presentation Footnotes
PRESENTATION FOOTNOTES AUGUST 2025 Non–IFRS and Additional IFRS Measures This document contains “funds flow from (used in) operations”, which is an additional IFRS measure. The Company uses funds flow generated from (used in) operations as a key measure to demonstrate the Company’s ability to genera
Slide 16: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation contains a summary of management's assessment of results and should be read in conjunction with the Consolidated Financial Statements and related Management's Discussion and Analysis for the year ended December 31, 2024, as filed on the SEDAR profile of Y
Slide 17: Forward Looking Statements (Cont.)
FORWARD LOOKING STATEMENTS (CONT.) The forward-looking statements contained in this presentation are made as of the date on the front page and the Company assumes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, fut
Slide 18: Non-GAAP Measures & Analogous Information
FORWARD LOOKING STATEMENTS NON-GAAP MEASURES & ANALOGOUS INFORMATION This presentation contains references to measures used in the oil and natural gas industry such as “netback”, “net debt” and “cash flow”. These measures do not have standardized meanings prescribed by International Financial Report
Slide 19: Reserve Definitions
FORWARD LOOKING STATEMENTS RESERVE DEFINITIONS Natural gas has been converted to a barrel of oil equivalent (Boe) using 6,000 cubic feet (6 Mcf) of natural gas equal to one barrel of oil (6:1), unless otherwise stated. The Boe conversion ratio of 6 Mcf to 1 Bbl is based on an energy equivalency conv
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