CALGARY, ALBERTA--(Marketwired - Aug 9, 2017) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following second quarter operating update to shareholders. Gear's Interim Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended June 30, 2017 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Financial Summary [...]
CALGARY, ALBERTA--(Marketwired - May 10, 2017) - Gear Energy Ltd. ("Gear") (TSX:GXE) is pleased to announce that the nominees listed in the management proxy circular dated March 31, 2017 were elected as directors of Gear. The detailed results of the vote for the election of directors held at Gear's annual meeting of shareholders held today (the "Meeting") are set out below. On a vote by ballot, each of the following six [...]
CALGARY, ALBERTA--(Marketwired - May 10, 2017) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following first quarter operating update to shareholders. Gear's Interim Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended March 31, 2017 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Three months [...]
CALGARY, ALBERTA--(Marketwired - Feb 15, 2017) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following fourth quarter and year-end operating update to shareholders. For more information in conjunction with this release, please refer to Gear's Annual Audited Financial Statements, Management's Discussion and Analysis ("MD&A") for the years ended December 31, 2016 and 2015, and 2016 [...]
CALGARY, ALBERTA--(Marketwired - Feb 15, 2017) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to present the following results and analysis of its 2016 year-end independent reserve report prepared by GLJ Petroleum Consultants Ltd. ("GLJ"). In 2016 Gear invested $71.7 million (unaudited) consisting of $14.4 million of development capital and $57.3 million in acquisition and divestiture ("A&D") activity [...]
CALGARY, ALBERTA--(Marketwired - Dec 13, 2016) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following update to shareholders. OPERATIONS UPDATE Throughout the fourth quarter of 2016 Gear completed the following items of note: Successfully drilled two full section Basal Belly River horizontal wells in Wilson Creek. The first well was fracture stimulated in early December and is [...]
CALGARY, ALBERTA--(Marketwired - Nov 9, 2016) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following third quarter operating update to shareholders. Gear's Interim Financial Statements and related Management's Discussion and Analysis (MD&A) for the period ended September 30, 2016 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Financial [...]
CALGARY, ALBERTA--(Marketwired - Sep 8, 2016) - Gear Energy Ltd. ("Gear") (TSX:GXE) is pleased to provide an update on operations to date for the 2016 capital program. Operational update To date Gear has successfully drilled 10 horizontal heavy oil wells and is currently drilling the last well of the summer program. Results have been encouraging in both Wildmere, Alberta and Paradise Hill, Saskatchewan with costs [...]
CALGARY, ALBERTA--(Marketwired - Aug 3, 2016) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following second quarter operating update to shareholders. Gear's Interim Financial Statements and related Management's Discussion and Analysis (MD&A) for the period ended June 30, 2016 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Financial Summary [...]
Gear Energy and Striker Exploration are pleased to announce the successful completion of the combination of the two companies pursuant to the previously announced plan of arrangement. Pursuant to the Arrangement, shareholders of Striker received 2.325 Gear common shares for each Striker common share. As a result, Gear has approximately 190.5 million Gear Shares outstanding w...
Gear Energy and Striker Exploration are pleased to announce that today Striker received shareholder and court approval for the previously announced combination of the two companies pursuant to the previously announced plan of arrangement. Gear also received shareholder approval of the issuance of Gear common shares pursuant to the Arrangement. Pursuant to the Arrangement, shareholders of Stri...
CALGARY, ALBERTA--(Marketwired - June 29, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to announce the closing of its previously announced bought deal financing. Pursuant to the financing, Gear has issued and sold through a syndicate of underwriters led by Peters & Co. Limited an aggregate of [...]