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Bullboard - Stock Discussion Forum 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... see more

TSX:GXE - Post Discussion

Gear Energy Ltd > Drilling progam
View:
Post by bomber777nevada on Nov 23, 2024 1:14pm

Drilling progam

If drilling program unsucessful dividend will cut in half. Sucessful drilling programs and we will be trading our cars in for Rolls Royces.
Comment by tylerreddick on Nov 23, 2024 1:51pm
Posting nonsense helps no one. GXE will be lucky to maintain production.
Comment by freedom-1970 on Nov 23, 2024 10:29pm
Finding oil is not the issue in Lloyd.. 10 years of oil swings and large discounts have impacted the cash flow. With the pipeline twinning and CDN dollar sliding to probably 65 cents soon. This with modern technology in heavy oil. This is not hard to add cash flow and 10% production growth.  it's a perfect situation with Trump already talking XL pipeline.. 
Gear Energy Ltd
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