Gear Energy Ltd
205 5 Ave SW
Calgary, Alberta T2P 2V7
On February 5, 2025, Cenovus Energy Inc. acquired Gear Energy Ltd., making Gear a wholly-owned affiliate of Cenovus. Following the acquisition, Gear transferred legal title of its assets to Cenovus, except for certain assets that were conveyed to its subsidiary, Lotus Creek Exploration Inc.
Lotus Creek operates independently and is not included as part of the Cenovus acquisition. As such, Gear Energy Ltd. and Lotus Creek now function as separate entities within the energy sector in Calgary, Alberta.
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