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 > Bought out

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Comment by jleer42on Jun 06, 2022 8:36am

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Post# 34733457

RE:RE:RE:RE:RE:RE:Bought out

The majority of the SPR release has been heavy sour oil.

Gord_Alberta wrote: Plus, there is something going on with Oil Sands price differential - not for the best. Selling that sector near the peak is good for us investors. I bought more shares in this company last week because I like their plan!

meritmat wrote: They don't want the wells to end up in the orphan well fund.