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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 CountryBoy69on Aug 10, 2023 11:42am
101 Views
Post# 35581835

Navajos Replacement

Navajos ReplacementOur Good friendLashing just keeps on Bashing and Trashing GXE.Since he has posted more than 60 timezone the GXE board compared with , what 2 or is it 3 times on his Fav CJ , it may have escaped the guru of garbage that today CJ is down 3 cents and GXE is even and hanging in at the current price.I also disagree with his assessment that GXE is in the penalty box for a long time, short term , yes but not if the company follows through on new iniatives.By year's end , if they apply $1000000 of the div reduction to debt reduction and their new land acquisitions begin drilling , good things will come sooner than later. Also by year's end the other $350000 will form a war cheats of just short of 2 mill to deploy as they see fit.None of this takes into account that if oil grinds higher the extra money available .
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