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YANGARRA RESOURCES LTD.

YANGARRA RESOURCES LTD. annual information form For the year Ended December 31, 2017 March 8, 2018 TABLE OF CONTENTS Page -i- ABBREVIATIONS .. 2 FORWARD-LOOKING STATEMENTS .. 2 READER ADVISORY .. 3 INCORPORATION AND ORGANIZATION .. 3 BUSINESS OF THE CORPORATION .. 4 RISK FACTORS .. 7 STATEMENT OF RESERVES DATA AND OTHER OIL AND GAS information .. 14 DIRECTORS AND OFFICERS OF THE CORPORATION .. 25 AUDIT COMMITTEE .. 27 DESCRIPTION OF SHARE CAPITAL .. 28 DIVIDENDS .. 29 MARKET FOR SECURITIES .. 30 ESCROWED SECURITIES .. 30 information CONCERNING THE OIL AND NATURAL GAS INDUSTRY .. 30 LEGAL PROCEEDINGS AND REGULATORY ACTIONS .. 40 INTEREST OF MANAGEMENT AND OTHERS IN MATERIAL TRANSACTIONS .. 40 TRANSFER AGENT AND REGISTRAR.

YANGARRA RESOURCES LTD. ANNUAL INFORMATION FORM For the Year Ended December 31, 2017 March 8, 2018

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