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.

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Gear Energy Ltd > Year end results Wednesday

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Comment by Nic777on Feb 16, 2021 5:13pm

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Post# 32579906

RE:RE:Year end results Wednesday

WCS is almost at $49 USD. This company is rapidly deleveraging at this price.
I would love to see them announce a buyback program. Time to reduce the float a bit while deleveraging at the same time. Or an increase in capex would be good too.