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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

Post by MLEWICKIMBAon Apr 25, 2022 1:15pm
187 Views
Post# 34629509

Gear energy sellers - GEAR debt free on April 30, 2022

Gear energy sellers - GEAR debt free on April 30, 2022 No hedges in Q2 - April WTI higher than Q1 WTI average unless bad things happen this week. That means 6 7M debt balance should be ZERO in the next monthly report. Then buybacks, and 0.05 to 0 05 cents a share quarterly dividend possible.
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