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 > More Insider Buying

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Comment by spacegimpon Feb 04, 2017 5:17pm

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Post# 25800332

RE:More Insider Buying

This would be a sweet little producer to buy for a mid-tier or larger producer - Granite is a no worries operation with all long term facilities complete and paid for , low decline(only $13 million required to maintain production) , 20 year inventory of low risk wells, $40 million+ cash flow/year at todays oil prices for the next 20 years = loads of free cash flow to grow production if desired ... just sayin !

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