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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 geezer21on May 05, 2022 1:33pm
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Post# 34659301

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

RE:RE:This morning it is 111$ barrell, UP UP
The supply deficit is greater than what demand destruction can counter act.

The available pool of oil to meet demand is declining with taking Russian oil off the market,  with oil production declining, with OPEC unable to achieve the increase in production they said would deliver over 6 months ago, and with Biden buying oil back to restock strategic reserves.



Hold on to your shares
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