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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 Roscoe747on Feb 24, 2023 1:59pm
290 Views
Post# 35303938

Nuttall

Nuttall"The fear of peak demand is leading to the reality of peak supply".

The short term issues of inflation, interest rates and recession can only mask the reality of finite supply in an environment of underinvestment for the same short term.

Reality is that ALL energy supplies will be too little in a future where westerners will not reduce comforts and growing emerging economies demand better lifestyles.

Global energy demand is reverting to coal as renewables disappoint and oil becomes more politically fraught. There is no exit from the peak oil supply threat thanks to Greta, Joe, Justin and their coterie of climate loons.

What this means for GXE is ever more valuable reserves. Especially when TMX starts filling the new pipe this fall at world pricing.
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