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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 scienceguy36on May 01, 2024 1:36pm
117 Views
Post# 36017769

RE:Q1 Earnings

RE:Q1 EarningsWould expect Q1 to be similar to March update. Debt down because only 0.8 mil spent on  Capital and Abandonment Expenditures.
But wonder if some other news is in the works as GXE is just about the only oil stock going up or at least staying relatively stable even with oil going down.
Perhaps an update with the Q1 earnings release.
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