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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 Roscoe747on Jan 29, 2024 12:16pm
84 Views
Post# 35850631

RE:RE:The Best Defense is a Good Offense

RE:RE:The Best Defense is a Good Offense A forced sale will leave the debt holders holding the bag as well as the share holders. It doesn't matter what Razor's metrics are if an accretive deal is approved by the court, or, more likely, the debt holders. The question arises whether Razor's woes are self inflicted, systemic or structural and whether any solution is accretive to the potential purchaser.
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