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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Gear Energy Ltd. is a Canadian exploration and production company with heavy and light oil production in Central Alberta, West Central Saskatchewan and Southeast Saskatchewan. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its properties include Celtic/Paradise Hill, Saskatchewan; Wildmere Area, Alberta; Wilson Creek, Alberta, and Tableland, Saskatchewan. The Celtic/Paradise Hill is located within Township 52, and Ranges 23 and 24 W3 and is approximately 40 kilometers northeast of Lloydminster, Alberta. The Wildmere field is located within Townships 47, 48 and 49, and Ranges 3, 4, 5 and 6W4, is approximately 200 kilometers southeast of Edmonton, Alberta. The property consists of approximately 24,325 gross (23,000 net) acres of lands. The Tableland property development is predominately focused on the Three Forks/Torquay formation, with minor production from the Bakken and Ratcliffe formations.


TSX:GXE - Post by User

Post by Chimpwithdarton Apr 26, 2022 8:17pm
249 Views
Post# 34634199

WTI back above $100usd in the blink of an eye

WTI back above $100usd in the blink of an eyeBad hedges have rolled off, debt free within weeks if not already, and the return to capital plan is within sight all while Germany now says a Russian oil embargo is "manageable". Xi Jinping is keeping a lid on commodities by locking down the fortress. Can't imagine that goes on much longer as their economy and the mental health of his prisoners implodes. 

That 10% NCIB would be firing on days like today! We're almost there.
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