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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 > 150.00 oil
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Comment by bubba9on Mar 10, 2022 11:10am
413 Views
Post# 34503127

RE:RE:RE:150.00 oil

RE:RE:RE:150.00 oilAnd remember his prediction 6 months ago when oil was at $60----BINGO---
bubba9 wrote: Remember that Eric Nuttall's prediction of a 138% increase in 12 months was based on $100 WTI..So just hang on....We still have the golden goose...
CandyC wrote:

WTI would need to be above $150 for 6-12 months for demand destruction. average household savings is 26% higher than before the pandemic 

quote=slingshot14]We should be extremely happy with oil at 110 or 120 but going to extremes could kill our golden goose...just saying..


 



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