Granite Oil

Granite Oil: Drilling Alberta Bakken, EOR to Shallow Declines

June 14, 2017

Granite Oil Corp. (ticker: GXO) has established its operational core in the Bakken siltstone play, located in southern Alberta. The company is focused on further developing the play’s enhanced oil recovery (EOR) operations and on building additional profile on the western portion of the play. In its Bakken play, Granite holds approximately 350,000 acres with 100% working interest. Granite currently

Granite Oil Corp. Delivers Record 2016 Year End Reserve Metrics

February 22, 2017

Granite Oil: presenting company at EnerCom Dallas Granite Oil Corp. (ticker: GXO) published results of the independent reserves report prepared by Sproule Associates Limited at December 31, 2016. During 2016, Granite invested approximately $21.5 million of estimated capital expenditures (unaudited), all organically, into its 100%-owned Bakken asset. This represents a 48% decrease in year over year capital expenditures as the

Granite Oil: Drilling Alberta Bakken, EOR to Shallow Declines

Granite Oil Corp. Delivers Record 2016 Year End Reserve Metrics

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