Q2 Round-Up: Gear, Journey And Cardinal Have Less Q2 Production With COVID-19 Production Shut-Ins

Gear Energy Ltd. shut-in most of its production and immediately pursued reductions to the variable costs of the business in an effort to curb the impact of low oil prices. For the three and six months ended June 30, 2020, production totalled 2,749 and 4,746 boe/d, respectively, which is 62 and 32 per cent less than during the same periods last year.

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