Brief: Gear Energy says To End Year With Inventories Of About 40,000 Barrels Of Heavy Oil

Gear Energy

14/12/2018 19:24

Dec 14 (Reuters) - Gear Energy Ltd  GXE.TO :
    * GEAR ENERGY LTD. PROVIDES OPERATIONAL UPDATE
    * GEAR ENERGY LTD - GEAR IS CURRENTLY FORECASTING TO EXIT
2018
WITH INVENTORIES OF APPROXIMATELY 40,000 BARRELS OF HEAVY OIL
    * GEAR ENERGY LTD -  FORECASTING TO EXIT 2018 WITH
INVENTORIES OF
APPROXIMATELY 10,000 BARRELS OF LIGHT OIL
    * GEAR ENERGY LTD - ACTIVITIES SHOULD ASSIST IN PROVIDING A
RELATIVELY STABLE PRODUCTION BASE THROUGH FIRST HALF OF 2019
    * GEAR ENERGY - FIELD ACTIVITIES WILL COMMENCE IN EARLY 2019
TO
RESUME PRODUCTION FROM MAJORITY OF HEAVY & LIGHT OIL WELLS THAT
WERE TEMPORARILY SHUT-IN

Source text for Eikon:  ID:nCNW5ZLrka 
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