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Bullboard - Stock Discussion Forum
Granite Oil Corp
GXOCF
Energy
Granite Oil Corp is a Canada-based oil producer based in Calgary, Alberta with lands and operations located in southern Alberta. The company is engaged in the exploration for and exploitation, development, and production of oil and natural gas. Its Alberta Bakken Properties are located in southern Alberta at the south of Lethbridge.
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Bullboard (OTCQX:GXOCF)
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•••
Picker41
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Comment by
Picker41
on May 10, 2018 10:15pm
RE:RE:RE:RE:wow Great release
Production seems to be the biggest issue. It was 2151 b/d in fourth quarter, and now only 2157 b/d in first quarter despite drilling two new wells (with high rates? does that mean the rest of the
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(96)
•••
uograd
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Comment by
uograd
on May 10, 2018 9:42pm
RE:RE:RE:wow Great release
I would have to concur those numbers are fricken brutal. Major drop off in production, an increase in debt and cash flow after dividend essentially zero so where oh where would any money come
...more
TAG Oil Announces Successful Production Test Results from BED4-T100 Horizontal Well
posted May 17, 2024 9:00am by
TAG Oil Ltd.
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|
"We are pleased with the performance of our first well in the ARF resource play despite encountering drilling challenges resulting in a shorter lateral section of 308 meters. Looking ahead, TAG Oil plans to drill horizontal wells with lateral lengths of up to 1,000 meters, accompanied by three times ...read more
(152)
•••
traderlong2
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Comment by
traderlong2
on May 10, 2018 9:33pm
RE:RE:wow Great release
No ! 2500 bpd just drilled 2 of the best wells to date price of oil way up since the first Q I think they will be just fine as they keep drilling I think they partner up with someone to fix the cash
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(0)
•••
JDavis17
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Comment by
JDavis17
on May 10, 2018 9:09pm
RE:wow Great release
Are you on drugs? They can't even afford to pay the dividend. What a terrible mess.
(152)
•••
traderlong2
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Post by
traderlong2
on May 10, 2018 8:24pm
wow Great release
Granite Oil Corp. Provides Operational and Strategic Alternatives Update and Reports First Quarter, 2018 Financial Results 2018-05-10 19:56 ET - News Release CALGARY
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(9)
•••
constructionsite
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Comment by
constructionsite
on May 09, 2018 4:59pm
RE:first Q
Should be tomorow after market close, based on company website Reporting Calendar
(152)
•••
traderlong2
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Post by
traderlong2
on May 09, 2018 9:32am
first Q
I believe we get first Q results after market close today glta
(152)
•••
traderlong2
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Post by
traderlong2
on May 07, 2018 9:53pm
OVER 3 BUCKS
Good trading today hoping it is over 3 bucks for good she looks like she wants to run glta
(152)
•••
traderlong2
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Post by
traderlong2
on Apr 30, 2018 7:33pm
Raymond James
Has been unloading a position and holding it in this range for weeks if not for them we would be 3.50 to 4.00 by now Brent oil just broke 75 dollars it has to pop soon ! glta last 30 days totals go
...more
(126)
•••
baranja
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Comment by
baranja
on Apr 23, 2018 9:03pm
RE:10% Dividend Plus Leverage to Oil? Sweet!
it looks good. i love divident here. too bad i didn't see it when it was 2 dollars. it is qute possible we are starting new oil bull market.. hopefully it will last at least 3
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(0)
•••
HansGruberKnows
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Post by
HansGruberKnows
on Apr 18, 2018 9:03pm
10% Dividend Plus Leverage to Oil? Sweet!
I really like this company. Been in the dog house with most other oil companies but now with Oil approaching $70USD, every dollar adds to the bottom line. It's only a matter of time
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(152)
•••
traderlong2
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Comment by
traderlong2
on Apr 17, 2018 10:11pm
RE:RE:RE:RE:RE:RE:RE:Undervalued
May Divy confirmed They are pumping oil as the price of oil goes up I don't care who they sell it to as long as it's 4.50 or better per share glta CALGARY, Alberta, April 13, 2018
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(6)
•••
lemeilleur
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Comment by
lemeilleur
on Apr 17, 2018 2:57pm
RE:RE:RE:RE:RE:RE:Undervalued
they did the samething with Boulder energy. They drive the price down to sale to private. That s why since most banks did put GXO under watch, That company is run by crooks,.
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(20)
•••
mike49
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Comment by
mike49
on Apr 13, 2018 9:07pm
RE:RE:RE:RE:RE:Undervalued
Price will be proportional to hedge. Half of gxo oil output is hedged at meh. thanx bankers Side note-anyone with the coin to seriously kick the tires has a vested interest in a lower sp Just sayin
...more
(3)
•••
Sjakkspill
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Comment by
Sjakkspill
on Apr 11, 2018 8:22pm
RE:RE:RE:RE:RE:Undervalued
Hmmm is right. Something is up and I’m wondering if they plan on stopping the dividend to preserve all cash in the preparation of a takeover or going private? We’ll see soon enough.
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