Gear Energy Ltd T.GXE

Alternate Symbol(s): GENGF

Energy Oil & Gas E&P

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 recoveries through the application of water flood technology. The key properties in the Central Alberta Light asset include Wilson Creek, Ferrier, Killam, Drayton Valley, and Chigwell.

TSX:GXE - Post by User

Gear Energy Ltd

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Comment by Summon3ron Jul 25, 2018 12:46pm

154 Views

Post# 28365494

RE:RE:RE:Steppe Deal

guess we would have to wait for further details. what Gear has said though is they can grow the steppe assets by 15% next years on the cash flow from the steppe assets alone and also still turn a profit on those assets.

so one would have to assume there is no ongoing bad hedge to burden those assets? how that was accomplished i dont know?

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