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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

Post by lovehockeyon Dec 17, 2024 1:00pm
75 Views
Post# 36366505

Cancel the freaking deal and do buyback

Cancel the freaking deal and do buyback$7 million you were willing to spend on the transcaction you can buyback and cancel 14 million shares. That will be more beneficial to every shareholder than selling your best assets and grabbing $30 mln for NewCo management. 
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