Company Overview
Gear Energy (OTCPK:GENGF) is a small cap company located and producing in three core economic oil development areas: Lloydminster Heavy Oil, Central Alberta Light Oil and SE Saskatchewan Light Oil.
Source: 2019 Corporate Presentation
In the second quarter of 2019, Gear achieved record high production volumes of 7,161 boe per day; this compares to 6,877 boe per day in the first quarter of 2019 and 7,025 boe per day in the second quarter of 2018. After the Steppe acquisition during Q3 2018, the production mix is leaning towards more light/medium oil: