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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 JTDOUBLEon Apr 05, 2023 5:36pm
155 Views
Post# 35381991

Two consecutive weeks of oil drawdowns ..

Two consecutive weeks of oil drawdowns .. Hold tight on your bullhorn here investors abd traders !!

The news is getting better every week!!

U.S. crude inventories potentially fell by 4.346 million barrels during the week ended March 31, the API, which stands for the American Petroleum Institute, said.

In the prior week to March 24, the API reported a 3.835M-barrel decline, after 10 weeks of builds that officially added some 60M barrels to U.S. crude inventories.

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