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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 geezer21on Dec 15, 2022 8:01am
163 Views
Post# 35172633

Former Chancellor Angela Merkel Destroys Trust With Russia

Former Chancellor Angela Merkel Destroys Trust With Russia
 As oil starts to rebound with fundamentals all pointing to prices that will exceed $100 in the coming months due to a number of factors -  increase in shale production anemic, OPEC+ unable to meet is own quotas, inventories depleting, Asia taking a larger share of global production, longer cargo routes increasing transport costs, winter heating demand, China opening up, and India economic strength - former German Chancellor Angela Merkel owns up for her bad faith negotiation of the Minsk agreement with Russia and later betrayal of Russia.

The fall out of Merkel's betrayal is an on-going war in the Ukraine with people dying and a energy crisis in Europe with supply shortages of gas and oil and rising fossil fuel costs.

https://www.zerohedge.com/geopolitical/merkels-confession-duplicity-minsk-accords-cold-war-20-just-got-colder
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