Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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.


OTCQX:GXOCF - Post by User

Granite Oil Corp > 2017 Budget
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(23)
•••
Comment by Squint1on Jan 24, 2017 9:02pm
143 Views
Post# 25750375

RE:2017 Budget

RE:2017 Budget

2017 Budget

Granite's budget for 2017 will continue a trend of decreasing capital as the Company and its Bakken asset become more efficient. In 2017, Granite will be sustainable, funded by internally generated funds from operations, grow production year over year, and maintain the divided of $0.42/share per year.

Based on an average WTI oil price of $55 US, Granite's capital program and dividend obligations will be fully funded by internally generated funds from operations.

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities