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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 > Gear Energy for 2023
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Post by lovehockeyon Feb 23, 2023 11:56am
256 Views
Post# 35300950

Gear Energy for 2023

Gear Energy for 2023-There will not be share re-purchased for NCIB (buback)
-Dividends will maintain with no problem (approximately CAD31 mliion or USD23 million 
-No debt ("At times, Gear will incur debt as a result of the timing of capital expenditures")
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Dealroom for high-potential pre-IPO opportunities