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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 26, 2022 10:02am
192 Views
Post# 35130413

RE:RE:RE:At today's oil price

RE:RE:RE:At today's oil priceGear reported an October surplus of $500k after paying the dividend.I'm sure finances are tighter than they planned when they announced the current dividend, but it's not like they are running out of cash tomorow.
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