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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Energy Oil & Gas E&P
Gear Energy Ltd. is a Canadian exploration and production company with heavy and light oil production in Central Alberta, West Central Saskatchewan and Southeast Saskatchewan. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its properties include Celtic/Paradise Hill, Saskatchewan; Wildmere Area, Alberta; Wilson Creek, Alberta, and Tableland, Saskatchewan. The Celtic/Paradise Hill is located within Township 52, and Ranges 23 and 24 W3 and is approximately 40 kilometers northeast of Lloydminster, Alberta. The Wildmere field is located within Townships 47, 48 and 49, and Ranges 3, 4, 5 and 6W4, is approximately 200 kilometers southeast of Edmonton, Alberta. The property consists of approximately 24,325 gross (23,000 net) acres of lands. The Tableland property development is predominately focused on the Three Forks/Torquay formation, with minor production from the Bakken and Ratcliffe formations.


TSX:GXE - Post by User

Gear Energy Ltd > GXE beat expectation latest Quarter..
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Comment by JTDOUBLEon Nov 04, 2022 10:59am
107 Views
Post# 35073055

RE:RE:GXE beat expectation latest Quarter..

RE:RE:GXE beat expectation latest Quarter..
w8asec wrote: JT - Is there any chance we can talk about all the "bad" things that can occur.

After all you are a LONG investor right?



JTDOUBLE wrote:
Analyst expected 5 cents Eps and GXE delivers 7 cents..

With rumours China opening crude rose significant today..

Over 90 bucks oil more likely we will hit some re-rating of GXE..

Still hoping 9-12 cents eps if oil run up to 100 bucks ..

I think oil going to 100 bucks given all the catalyst..




Oil about supply and demand like any commodity ..whatever you expect oil is going the price of gxe will follow like other oil stocks..im bullish on oil expect 100 bucks ..Only bad thing i see here is someone buying GXE before we can actualized it true value!!!

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