Gear Energy Ltd. is pleased to announce the initiation of a strategic repositioning process and an operational update. STRATEGIC REPOSITIONING PROCESS Gear's Board of Directors have commenced a formal process to explore, review and evaluate strategic repositioning alternatives with a view to enhancing shareholder value . With Gear's top tier cash flow generation ability, strong balance sheet, deep inventory of both [...]
Gear Energy Ltd. is pleased to announce that the new August 2023 monthly update to shareholders can be accessed via the following link https://gearenergy.com/updates. Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance & CFO 403-538-8437 Email: info@gearenergy.com Website: www.gearenergy.com To view the source version of this press release, please visit [...]
Gear Energy Ltd. confirms that the September 2023 monthly dividend of $0.005 per common share is to be paid on September 29, 2023, to shareholders of record on September 15, 2023. The dividend is designated as an "eligible dividend" for Canadian income tax purposes. Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance & CFO 403-538-8437 Email: info@gearenergy.com Website: www.gearenergy.com To [...]
Gear Energy Ltd. is pleased to announce that the new July 2023 monthly update to shareholders can be accessed via the following link https://gearenergy.com/updates. Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance & CFO 403-538-8437 Email: info@gearenergy.com Website: www.gearenergy.com To view the source version of this press release, please visit [...]
Gear Energy Ltd. is pleased to provide the following second quarter operating results to shareholders. Gear's Interim Consolidated Financial Statements and related Management's Discussion and Analysis for the period ended June 30, 2023 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Three months ended Six months ended Jun 30, 2023 Jun 30, 2022 Mar 31, 2023 Jun 30, 2023 Jun 30, 2022 [...]
Gear Energy Ltd. is pleased to announce that the new June 2023 monthly update to shareholders can be accessed via the following link https://gearenergy.com/updates. Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance & CFO 403-538-8437 Email: info@gearenergy.com Website: www.gearenergy.com To view the source version of this press release, please visit [...]
Gear Energy Ltd. confirms that the July 2023 monthly dividend of $0.01 per common share is to be paid on July 31, 2023, to shareholders of record on July 14, 2023. The dividend is designated as an "eligible dividend" for Canadian income tax purposes. Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance & CFO 403-538-8437 Email: info@gearenergy.com Website: www.gearenergy.com To view the source [...]
Gear Energy Ltd. is pleased to announce that the new May 2023 monthly update to shareholders can be accessed via the following link https://gearenergy.com/updates. Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance & CFO 403-538-8437 Email: info@gearenergy.com Website: www.gearenergy.com To view the source version of this press release, please visit [...]
Gear Energy Ltd. confirms that the June 2023 monthly dividend of $0.01 per common share is to be paid on June 30, 2023, to shareholders of record on June 15, 2023. The dividend is designated as an "eligible dividend" for Canadian income tax purposes. Gear is also pleased to announce the successful completion of its borrowing base review, resulting in an increase in the syndicated credit facility from $42 million to $50 [...]
Gear Energy Ltd. is pleased to announce that the new April 2023 monthly update to shareholders can be accessed via the following link https://gearenergy.com/updates. Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance & CFO 403-538-8437 Email: info@gearenergy.com Website: www.gearenergy.com To view the source version of this press release, please visit [...]
Gear Energy Ltd. is pleased to announce that the nominees listed in Gear's management proxy circular dated March 20, 2023 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 are set out below. On a vote by ballot, each of the following seven nominees proposed by management was elected as a director of Gear: Nominee [...]
Gear Energy Ltd. is pleased to provide the following first quarter operating update to shareholders. Gear's Interim Condensed Consolidated Financial Statements and related Management's Discussion and Analysis for the period ended March 31, 2023 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Three months ended Mar 31, 2023 Mar 31, 2022 Dec 31, 2022 FINANCIAL Funds from operations [...]