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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 Aug 31, 2022 3:40pm
175 Views
Post# 34933457

RE:RE:RE:EIA reports 3.3 millions inventory fell..

RE:RE:RE:EIA reports 3.3 millions inventory fell..The thing is demand numbers are weak now. OPEC looking to cut production is not good and they say we have a surplus. It's not just about US inventories. Who knows you may see oil spike to 150, I can't predict the oil price. In mean time GXE under performing again today. Just this last week see a 25% divergence in GXE and GTE to show how badly this is doing. 
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