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Bullboard - Stock Discussion Forum 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... see more

TSX:GXE - Post Discussion

Gear Energy Ltd > March Update
View:
Post by jleer42 on Apr 20, 2023 8:09am

March Update

March Monthly Update is out. Capital expenditures down to $2.1m and net debt decreased $200k. Funds from operations were up to 4.7m with an average WTI of $73.37. Prodcution is down from 6164 to 6009 boe/day.

https://f8d829.p3cdn1.secureserver.net/wp-content/uploads/2023/04/2023-March.pdf
Comment by navajojoe on Apr 20, 2023 8:29am
This post has been removed in accordance with Community Policy
Comment by Oldgreyguy on Apr 20, 2023 8:46am
This is March, have you ever heard of spring breakup.
Comment by navajojoe on Apr 20, 2023 9:07am
This post has been removed in accordance with Community Policy
Comment by Oldgreyguy on Apr 20, 2023 9:31am
You might want to switch to decaf - just saying.
Comment by navajojoe on Apr 20, 2023 10:50am
This post has been removed in accordance with Community Policy
Comment by Oldgreyguy on Apr 20, 2023 1:39pm
The only information I posted was that it was March and this was the March commentary.  I then asked you a question.
Comment by bonjovi501 on Apr 20, 2023 11:12am
I live near GXE production and spring break up started April 7th
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