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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 tylerreddickon Dec 19, 2024 5:22pm
55 Views
Post# 36371150

RE:Heavy Oil Production

RE:Heavy Oil ProductionThey probably spent a lot of money to boost that production to make the assets look more attractive to the buyer. One would have to know just how much capital was spent to accomplish that.

Meanwhile, it seems that I am not the only one who figured the bottom was in. My beer-money bet will buy a lot of beer if this keeps up for a few days. :o)
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