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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 > U.S. refiners eye Canadian oil once strategic reserve turns
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Comment by Roscoe747on Sep 20, 2022 12:03pm
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Post# 34973957

RE:U.S. refiners eye Canadian oil once strategic reserve turns

RE:U.S. refiners eye Canadian oil once strategic reserve turns Once the Transmountain twinning is complete, Canadian heavy will be exposed to global pricing and the US will no longer have an advantage discounting WCS. The same for gas with the Shell et al LNG facility.

In the meantime, it is what it is.
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