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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 1:01pm
96 Views
Post# 35850775

RE:RE:RE:The Best Defense is a Good Offense

RE:RE:RE:The Best Defense is a Good Offense AIMCO owns 47% and backstopped the last bailout. Razor owns/ owned FutEra, a geothermal hybris power plant in Swan Hills and Blade, a dirtworks contractor in mid Ab. Razor is a mess but AIMCO could merge it with GXE, IF the deal was accretive, by removing the extraneous entities ( and the bagholders). On the surface Razor looks like a freeway pileup with miles of lawyer word salad trailing behind it but there may be value in its production.
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