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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 > Q4 Debt (-$2.4 M)
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Comment by pkrashon Jan 18, 2023 12:27pm
151 Views
Post# 35230866

RE:RE:Q4 Debt (-$2.4 M)

RE:RE:Q4 Debt (-$2.4 M)I would agree. They could have easily cut back some capex or abandonment $$ to cover the $2.4M but not a big deal.
WCS differential is coming down and WTI going back up.
I willing to get paid more than 10% to wait and see that new production come on line.
SPR ending and driving season coming.
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