Bully
run your eye over these Q421 books and reserves for Gear, our nearest peer
https://gearenergy.com/wp-content/uploads/2022/02/Q4-2021-Press-Release.pdf
Gear spending c$40m for planned 2022 production to maintain 5900-6000 boepd
26M 2P reserves
bigger decline rate than calima, so need to spend more to maintain production
plan to be debt free in H1
c$80m of asset retirement obligations
no montney
gear market cap a$450m
calima at a$450m = 73c
Ann: Change of Director's Interest Notice x 2, page-24
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