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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 lovehockeyon Jul 04, 2023 11:31am
135 Views
Post# 35525818

SPR 26 MM planed release only has 1.3 MM left

SPR 26 MM planed release only has 1.3 MM leftOnly good enough for about 5 more days but they won't stop releasing. They will be buying 1X amount of oil and selling about 2X amount of SPR at the same time. Once they realized there are huge dividends for them to do that - they won't be able to stop until they literally run out of SPR. 
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