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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 Chefboy69on Dec 14, 2022 9:01am
80 Views
Post# 35170430

RE:RE:RE:RE:RE:RE:WCS going UP!!!!!!!!

RE:RE:RE:RE:RE:RE:WCS going UP!!!!!!!!Talk about misinformation
That is a outright lie
Western Canadian select is up again today. You better stop shorting these oil stocks and commenting on stockhouse because it's not working
navajojoe wrote:
Roscoe747 wrote:

uwebb429 wrote:
nobeard wrote: I just checked using the website you posted.  51.92.

My mistake. oilprice.com has a much lower price for Canadian Crude Index compared to Western Canadian Select. 

Not sure what number is more important to Gear. At least everything oil related is heading back up. 

 

Dont count on it. WCS is posted anywhere between Us$46 -52 due to mainly the Keystone outage. Dollar weighting, interest rates, China demand, Russian perfidity, SPR threats are all contributing to short term volatility 

The structural bottom for WTI is anticipated ~US$66. 



More misinformation from the board "expert".
WCS was down long before the Keystone shut down.
And you keep trying to deflect from the fact that until WCS gets back to the $62 range, GXE will be borrowing to pay the dividend, according to their own presentation.


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