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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 > This morning it is 111$ barrell, UP UP
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Comment by masfortunaon May 05, 2022 9:30am
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Post# 34658192

RE:This morning it is 111$ barrell, UP UP

RE:This morning it is 111$ barrell, UP UP ? don't count on that.  Personally I would like to see oil stabilize in the $100 area.  Too high of a price will lead to ewverybody drilling as much as they can.  It will lead to demand destruction very quickly.  At $100 everybody will be happy.
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