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 > Comment from IV

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Post by tylerreddickon Sep 11, 2023 9:38pm

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Post# 35630581

Comment from IV

"Gear is still overpriced relative to many peers on a per-flowing BOE basis. With it being so little and having other challenges you mention there is just no reason for anyone to buy it. Being ultra low debt used to be unique but a lot more producers are getting there too."

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