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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

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

Comment by masfortunaon Nov 29, 2022 10:05am
86 Views
Post# 35136415

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:At today's oil price

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:At today's oil price
navajojoe wrote:
masfortuna wrote:
Hey Dumbass! You do realize that the $ is based on the quarter average and not 1 day right?  And that has never traded at $70 at anytime this year right? This is the 3rd time I post the same request.  Either show proof that GXE is selling oil at $70 or STFU.


You truly are one of the dumbest, or most dishonest, posters I have ever come across.

You do realise GXE doesn't sell their heavy oil at WTI prices, I hope? Ever heard of WCS?

Do everyone a favor, go look at the presentation, then come back and apologize for being such a fool.

  You keep asking people to go check the presentation but the comment you made has nothing to do with the presentation. The fact of the matter is you said that they couldn't pay their divy because oil is at $70. Oil is not at $70. The avg in Q3 was above $80.  In other words what you postedis BS. FYI they had 500k left over in q3 AFTER capex and divy. As for the wcs, it trades at a discount but that is not what your initial post was about.  Going on bullboards and spewing half truths to strangers in order to mislead them prettymuch sums up the type of individual you are.
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