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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Energy Oil & Gas E&P
Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil recoveries through the application of water flood technology. The key properties in the Central Alberta Light asset include Wilson Creek, Ferrier, Killam, Drayton Valley, and Chigwell.


TSX:GXE - Post by User

Gear Energy Ltd > GXE's huge torque to $60 oil
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Comment by AliNaimion Feb 11, 2021 2:01pm
214 Views
Post# 32542589

RE:RE:GXE's huge torque to $60 oil

RE:RE:GXE's huge torque to $60 oil
I looked at Eric Nuttals modelling on TVE (his Top Pick pump on BNN) using these same metrics GXE could buy back all its shares and debt in three years as well as TVE. ($60 oil -$10 discount WCS and unhedged modelling)

GXE has far more torque to higher oil pricing than his TVE pick!


GXE stock price should start to move much higher with results in 2021.
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