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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

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

Comment by marquacon May 30, 2022 11:07pm
143 Views
Post# 34718874

RE:RE:Question???

RE:RE:Question???
I am guessing that the wider spread between WTI and WCS has something to do (at least a little) with the high price of natural gas.  The last time that the spread really got wide, natural gas had also had a spike. 

Still some pretty good cash, although I suppose it should temper enthusiasm 1 or 2 percent.
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