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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
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Post by JTDOUBLEon Aug 02, 2022 1:18pm
220 Views
Post# 34866149

No hedges for 2023..

No hedges for 2023..
Supply is tight still believes oil has more room to run here..

Gxe without any hedges in 2023 , it will get the market price of oil ..

This is the difference of not having debt, free to do exactly what gxe wants to do ,other than relying the pressures to hedge by creditors..
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Dealroom for high-potential pre-IPO opportunities