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.

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Gear Energy Ltd > Good morning $90 oil

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Comment by tylerreddickon Sep 17, 2023 4:50pm

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Post# 35640495

RE:RE:RE:RE:RE:RE:RE:RE:Good morning $90 oil

" US shale suffers from excessive depletion rates, high associated gas production, a lack of DUC wells to draw from, a lack of remaining tier one acreage, high production costs and high interest rates on deployed capital. "

And yet production continues to rise.

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Advancing flagship Ishkõday Gold Project in Ontario