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Granite Oil Corp. provides preliminary 2020 plans and fall borrowing base redetermination- oil and gas 360

Granite Oil Corp. provides preliminary 2020 plans and fall borrowing base redetermination

Oil and Gas 360 CALGARY, Alberta, Dec. 02, 2019 (GLOBE NEWSWIRE) — GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to provide preliminary 2020 plans and announce the fall review of the Company’s borrowing base redetermination of its credit facility has been completed. Granite is planning a capital program in 2020 that continues to prioritize significant debt repayment

Oil rises as OPEC, allies gear for deeper output cuts- oil and gas 360

Saudi Arabia wants OPEC+ to deepen oil cuts due to Aramco IPO

Reuters: DUBAI/LONDON/MOSCOW – OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June 2020 as Saudi Arabia wants to deliver a positive surprise to the market before the listing of Saudi Aramco, two sources familiar with the talks said. The deal being discussed by the Organization of the