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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Energy Oil & Gas E&P
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

Gear Energy Ltd > Is this semi hostile takeover attempt?
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Comment by ztransforms173on Dec 11, 2024 3:59pm
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Post# 36357455

RE:Is this semi hostile takeover attempt?

RE:Is this semi hostile takeover attempt?- CVE did NOT FORCE ANYTHING on ANYBODY

- CVE WANTS ONLY the HEAVY crude oil as the medium and light oil is NOT USED as FEEDSTOCK at the Llyoldminster ASPHALT REFINERY and separate UPGRADER

- the 'ARRANGEMENT' is GXE BODs' RESPONSE to MEETING the Cenovus Energy CONDITIONS OF SALE

z173

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