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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.


TSX:GXE - Post by User

Gear Energy Ltd > GXE keep giving gifts..
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Comment by Roscoe747on Aug 30, 2022 12:00pm
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Post# 34929789

RE:RE:RE:RE:RE:RE:RE:RE:RE:GXE keep giving gifts..

RE:RE:RE:RE:RE:RE:RE:RE:RE:GXE keep giving gifts..
jleer42 wrote: Rough estimiate using 2021 reserve summary - 26,325 Mboe P+P - and  production of 6k bpd I get approximately 12 years. Might be a newer reserve summary, but I don't see one.

Leemer187 wrote: Where and how did you determine that gear has 20 years of reserves? I'm having trouble figuring it out



Keep production flat for 20 years. "Reserves" may be wrong terminology. 
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