Yangarra Resources Ltd. announced production results for the month and year to date ended December 2017. For the December 2017 production averaged approximately 7,500 boe/d (62% liquids).

Production for 2017 averaged approximately 5,750 boe/d which is a 91% increase on a production per share basis when compared to 2016.

For the Fourth quarter 2017 production estimated at 6,700 boe/d.

For the fourth quarter, cash flow is expected to be $15 million resulting in year-end net debt of approximately $95 million.

The budget is expected to increase the Company's annual 2018 production to 9,000 – 10,000 boe/d with cash flow from operations estimated at $80 million to $90 million.

The Company expects year-end 2018 net debt of $95 million– $105 million.