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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 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

Bullboard Posts
Post by RollinInDoughon Sep 19, 2019 1:16pm
228 Views
Post# 30144143

at 50 cents, now it looks very good

at 50 cents, now it looks very goodlike it a lot... operationally things are better... the new Sask property looks to be a reason to buy into this, that and the light oil they added over the last 2 years... all good thing... debt good, very good... very manageable.  

only hair is their retriement obligations... near $100 million today.  we all know those are understated too.  this is an unknown in all oil and gas companies though.

I am moving in here.
Bullboard Posts