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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 Luckyelevenon Jul 27, 2022 4:26pm
350 Views
Post# 34854958

A mix bag but....

A mix bag but....bias to the positive going forward. Production a challenge, slowing buybacks but hey that dividend announcement is sweet. If they can reach that 6400 production by first quarter of 2023 as they are guiding we shoud be off to the races. Happy over all and very happy to not hear back in debt with some acquisition. Not sure of the market reaction tomorrow but I'm thnking maybe 1.25 or so. Any red and I'm wiling to throw 250k at it. 
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