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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

Comment by jleer42on Nov 02, 2022 10:11pm
180 Views
Post# 35068597

RE:Why no update on this?

RE:Why no update on this?I may have my companies mixed up. I thought that was to transfer low producing wells and the government rejected it as the aquirer didn't have enough resources to guarantee taking them properly out of service when the wells finally finished.

navajojoe wrote: Calgary, Alberta--(Newsfile Corp. - June 5, 2022) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") recently submitted an application to the Alberta Energy Regulator ("AER") to transfer certain non-core Alberta heavy oil assets. 


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