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Last C$0.30 CAD
Change Today 0.00 / 0.00%
Volume 53.3K
YO On Other Exchanges
As of 4:11 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

yoho resources inc (YO) Snapshot

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08/22/14 - C$2.50
52 Week Low
07/31/15 - C$0.30
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yoho resources inc (YO) Details

Yoho Resources Inc. engages in the exploration, development, and production of crude oil and natural gas in Western Canadian Sedimentary Basin. It holds interests in various properties located in West central Alberta and northeastern British Columbia. The company is headquartered in Calgary, Canada.

10 Employees
Last Reported Date: 12/11/14

yoho resources inc (YO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$196.8K
Chief Financial Officer and Vice President of...
Total Annual Compensation: C$182.2K
Chief Operating Officer and Vice President of...
Total Annual Compensation: C$193.1K
Vice President of Land
Total Annual Compensation: C$182.2K
Vice President of Exploration
Total Annual Compensation: C$158.8K
Compensation as of Fiscal Year 2014.

yoho resources inc (YO) Key Developments

Yoho Resources Inc. Announces Production and Earnings Results for the Second Quarter and Six Months Ended March 31, 2015

Yoho Resources Inc. announced production and earnings results for the second quarter and six months ended March 31, 2015. For the quarter, the company reported production averaged 1,731 boe per day (34% oil and natural gas liquids), a 17% increase over production for fiscal first quarter. Two Duvernay wells (0.83 net) were brought on-stream in May 2015 after the end of the reporting period. It's current production is estimated to be 2,500 boe per day with an additional behind pipe volume of approximately 550 boe per day. Approximately 73% of current corporate production is Duvernay production from Kaybob. Operating netbacks were $8.35 per boe, while operating netbacks in fiscal second quarter 2015 for the company's Duvernay properties were $17.03 per boe. For the quarter, the company generated funds from operations of $0.65 million ($0.01 per share basic and diluted and $4.15 per boe). For the six months, the company reported total exploration and development expenditures were $27.4 million and included the costs of drilling three (1.0 net) Duvernay gas wells. Capital expenditures for the period also included costs to finish drilling and begin completion operations on two wells spud in September 2014.

Yoho Resources Suspends Duvernay Strategic Review Process

Yoho Resources Inc. (TSXV:YO) has suspended its Duvernay asset strategic review process, due to the prolonged period of declining commodity prices and the ongoing significant uncertainty regarding market conditions, Yoho has been unable to advance any such proposals to a formal agreement stage.

Yoho Resources Inc., Annual General Meeting, Jun 09, 2015

Yoho Resources Inc., Annual General Meeting, Jun 09, 2015., at 15:00 US Mountain Standard Time. Location: 15 level, 521 ­ 3rd Avenue S.W.. Agenda: To receive and consider the financial statements for the year ended September 30, 2014 and the auditors' report thereon; to fix the number of directors to be elected at the meeting at seven (7) members; to consider and, if thought appropriate, to pass an ordinary resolution electing seven (7) directors; to consider and, if thought appropriate, to pass an ordinary resolution appointing the auditors and authorizing the directors to fix their remuneration as such; to consider and if thought appropriate, to pass, with or without variation, an ordinary resolution approving option plan; and to transact such further and other business as may properly come before the meeting or any adjournment or adjournments thereof.


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