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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 > I think, i will sold too
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Comment by CandyCon Jun 08, 2022 10:10pm
205 Views
Post# 34742325

RE:RE:RE:RE:RE:RE:I think, i will sold too

RE:RE:RE:RE:RE:RE:I think, i will sold too

WTI $122 today. Gear has a break even at $37. 

Pumping about 5800 bod. Basically $500,000 added to the balance sheet today. 

April WTI average was $101. Debt free at the end of April. 

May WTI average $109. $72 profit per barrel. $12 million profit for May. May newsletter a week or so away  LOOK OUT!!!!

Q2 should be blockbuster. 

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