Aug 8 (Reuters) - Yangarra Resources Ltd YGR.TO :
* YANGARRA ANNOUNCES SECOND QUARTER 2018 FINANCIAL AND OPERATING RESULTS
* QTRLY EARNINGS PER SHARE $0.02
* BOARD OF DIRECTORS APPROVED AN INCREASE IN CAPITAL BUDGET FROM $90 MILLION TO $120 MILLION FOR 2018
* GUIDANCE OF 9,000 - 10,000 BOE/D AVERAGE PRODUCTION FOR 2018 REMAINS UNCHANGED
* 22 GROSS (19 NET) WELLS WILL BE PUT ON PRODUCTION DURING SECOND HALF OF 2018
* OIL AND GAS SALES WERE $29.9 MILLION, AN INCREASE OF 53 PCT