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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

Comment by lashingon Oct 20, 2023 1:46pm
108 Views
Post# 35693407

RE:Now oil will fly hopefully gxe too

RE:Now oil will fly hopefully gxe tooThis means nothing. Bidens has all year put out silly offers no one takes. No one is goign to sell him a spoonful of oil at the prices he is offering. USA is in trouble. Big time. Those reserve sales were uinlawful as is not replacing. But then, the USA and Canada for that matter have not been following their own laws for quite some time.

THE USA is DEAD. Reserve currency status is already gone, they just dont know it yet. CAsh depleted, weapons, depleted, oil depleted. Frankly, the USA isnt even a concern anymore. The rest of the world is going to decide markets from now on.
YesSetForLife wrote:

President Joe Biden has revived his bid to refill the heavily-drawn US oil reserve, with the Department of Energy announcing two separate offers of crude purchases on Thursday totaling 6 million barrels, to be delivered between December this year and January 2024.




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