Gear Energy Ltd T.GXE

GOOD COP GROWTH With $ 43M In 2025 CAPITAL SPENDING

[ztransforms173]

- FORECAST Q4/2025 COP: 3,000 to 3,400 boe/d

- this is an EXCELLENT OUTCOME IF it is ACTUALLY REALIZED

LOTUS CREEK 2025 BUDGET

The Gear Board of Directors has approved a 2025 capital budget for Lotus Creek of $43 million, which is forecasted to achieve average production of 2,000 to 2,400 boe/d (77% light oil and NGLs, 10% heavy oil, 13% natural gas), with Q1 2025 production forecasted at 1,600 to 1,700 boe/d and Q4 2025 production forecasted at 3,000 to 3,400 boe/d. The program is expected to generate an 88 per cent increase in production from Q4 2024 to Q4 2025.

The capital program is aimed to achieve significant production and cashflow growth, with $23 million dedicated to drilling, $15 million allocated to longer term, strategic projects such as seismic, major infrastructure and acquisition of new undeveloped lands, $2 million applied to field projects and other, and $3 million dedicated to abandonment and reclamation activities.

 

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[freedom-1970]

As I menmentioned before. ... they will try to double production.. logistics are great and discounts are low with the CDN dollar to keep sliding with the left wing dictatorship government.. will the stock give us value.  will need to wait until Trump tariff and Drama teacher is gone.   should be a nice bound tomorrow....

[tylerreddick]

No freedom1970, you said they would "easily" double production. You are such a fraud.

[baranja]

I dont' care if they s8it and increase production 100 times,  I don't want anything to do with those s*umbags any more. I want my 0.607 per share now,   I dont' want my money to be used so they can continue paying themselves on our account. Criminals

[tylerreddick]

There appears to be a pretty good chance this deal gets voted down, so maybe you might get your wish as they have to entertain other offers. As I posted yesterday, it looked like the slide had bottomed, and the last NR may have solidifed that level. So nothing to do now but vote "no" and see what happens. Maybe the worst thing is they have to continue bumbling along as before, and if