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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 > Resource Limits
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Comment by tylerreddickon Aug 19, 2023 11:05am
112 Views
Post# 35596223

RE:RE:RE:Resource Limits

RE:RE:RE:Resource Limits" Reserves and ARO obligations are worrying and Gear's perpetual reliance on 'enhanced recovery' does not translate into growth. In my opinion, it merely slows decline. "

Well Roscoe, you just pointed out the precise reasons to not buy GXE, at any price.
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