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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 Luckyelevenon Jun 05, 2022 9:32pm
125 Views
Post# 34732995

RE:Oil futures wti back $120 !!

RE:Oil futures wti back $120 !!Sure didn't look like that last week from a high of 1.73 to 1.59 on some pretty heavy volume. Seems to be lots of resistance around this level. May update should be very good onw would but so was April and the stock went down about 20% before it rebounded. I'm bullish but know that anything is possible from here. The press release today is vague at best with no details as far as price fo those assets so we will see what the market says tomorrow. Hope we get some back tomorrow from Friday's BS but again no gurnatees.
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