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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 Maxmoeon Mar 20, 2024 11:51am
149 Views
Post# 35942921

RE:RE:February Update

RE:RE:February UpdateDon doesn't own enough stock to block an opportunistic, aka, unfriendly bid by someone wanting undervalued assets just as their fortunes start to improve with pipeline expansion. There will be no seat at the table for any of the gear gang. It may not happen. But they are very vulnerable right now. $1 would be a knock out bid. Someone could try a lower opening round jab. 
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