Gear Energy Ltd. is a Canadian oil and gas exploration and production company focused on the acquisition, development and operation of light oil and natural gas properties. Headquartered in Calgary, Alberta, the company concentrates its efforts on drilling, completion and production optimization across several core areas in west‐central Alberta, including Pembina, Suffield, Provost and Ferrier. Gear Energy’s operations center on light crude oil and liquid‐rich gas reservoirs, where it employs horizontal drilling and well‐optimization techniques to enhance recovery rates and maintain steady production volumes.
Originally incorporated in the mid-1990s under a different corporate identity, the business evolved through a series of strategic acquisitions and asset realignments to adopt the Gear Energy name in 2017. This transformation marked a sharpened focus on operational efficiency and value creation for shareholders. Over the years, the company has built a portfolio of assets that balance short-cycle development opportunities with longer-life reserves, allowing it to adapt quickly to changing commodity price environments.
Gear’s technical services include reservoir evaluation, well planning, pressure maintenance programs and facilities management. The company deploys modern completion designs and multi-stage fracturing to tap into unconventional reservoirs, while also maintaining conventional water-drive projects. In addition to in-field operations, Gear Energy manages midstream infrastructure, including compression, gathering and processing facilities, to control costs and improve netbacks on its produced volumes. This vertically integrated approach supports disciplined capital allocation and reliable cash flow generation.
The company’s leadership team brings decades of combined upstream experience, with backgrounds spanning engineering, operations and finance. Gear Energy’s board of directors provides governance and strategic oversight, while the executive management group—led by President and CEO—focuses on continuous improvement, operational safety and environmental stewardship. Together, they steer the company’s growth initiatives and work to enhance shareholder value through prudent drilling activity and portfolio optimization.
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