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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Gear Energy Ltd. is a Canadian exploration and production company with heavy and light oil production in Central Alberta, West Central Saskatchewan and Southeast Saskatchewan. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its properties include Celtic/Paradise Hill, Saskatchewan; Wildmere Area, Alberta; Wilson Creek, Alberta, and Tableland, Saskatchewan. The Celtic/Paradise Hill is located within Township 52, and Ranges 23 and 24 W3 and is approximately 40 kilometers northeast of Lloydminster, Alberta. The Wildmere field is located within Townships 47, 48 and 49, and Ranges 3, 4, 5 and 6W4, is approximately 200 kilometers southeast of Edmonton, Alberta. The property consists of approximately 24,325 gross (23,000 net) acres of lands. The Tableland property development is predominately focused on the Three Forks/Torquay formation, with minor production from the Bakken and Ratcliffe formations.


TSX:GXE - Post by User

Post by NobleHouseon May 08, 2024 9:24am
123 Views
Post# 36028599

Max

MaxMy , we are certainly touchy today, perhaps it is the thought of the amount of work you have facing you this summer.The firewood line was meant tongue in cheek as l know you were joking .Luckily in my part of NB the storms while heavy never matched the severity that Nova Scotia expierenced and not one tree came down on my property so l still had to fell them the old way.In regards to dividends and small caps , l agree with you if it is a forever buy and hold , which it isn't but while it works then take advantage of it.By the way larger entities like Suncor , Manulife , Vermillion and Crescent Point to name a few also cut or axed there divs and in the case of Manulife it became a lost 14 years for shareholders.Cheers Max
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