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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 freedom-1970on Nov 20, 2024 6:45pm
34 Views
Post# 36322769

RE:Conservative date for GXE being debt free - Feb 15, 2025

RE:Conservative date for GXE being debt free - Feb 15, 2025

Cash flow going forward will be used to optimize  existing acres. With today's new technology I think the recycling dollars will be in Q3 2025. 

NCIB is not happening in 2025. 

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