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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

Post by zack50on Aug 17, 2022 10:11am
159 Views
Post# 34901868

OPEC Chief today...

OPEC Chief today...* warns of supply crunch

* indicates that demand destruction in China is overreated

* says there is a short of spare capacity
 
This means a higher oil price and a re-rating for GXE as its treasure chest explodes with FCF.
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