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 > WCS up 1.45..

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Comment by JTDOUBLEon Feb 06, 2023 9:30pm

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Post# 35270815

RE:RE:WCS up 1.45..

Roscoe747 wrote: Yes, the linkage of WCS to WTI is broken. WTI went down and just now back up and the discount stayed at $22.50 which is great news for Canadian heavy oil. The stock pimps are also chirping that heavy exposure is the place to be for the triple whammy of fx, wti and wcs discount spread closing in 2023.

Today earthquake in turkey took away 1 million per day supply side ..

Operations at Turkey's oil terminal in Ceyhan halted after a major earthquake hit the region. The facility can export up to 1 million barrels per day (bpd) of crude.

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