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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 tallpaulon Dec 16, 2024 9:13pm
70 Views
Post# 36365390

RE:Question to the management

RE:Question to the managementTo lovehockey
I can't believe management would take a smaller salary for running a smaller company, otherwise they would not have schemed up this crappy asset sale. And who sales they will have a smaller staff. Most of the people they have in the office will probably still be needed but their salaries will be spread over only 1700 BOE of production instead of 5500 BOE. I have never posted a comment on any board on any websire although I read lots of the comments, but this senseless asset sale has got me sooo pissed that I finally got a handle and decided to start posting my extreme displeasure with this proposed deal. But let's put the kybosh to it by voting NO. I got a forum going on yahoo so someone should get something going on reddit, twitter, etc. so all us little share holders know that we have to vote NO when we get the chance in January.
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