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 > Q2 Monday

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Comment by Sjakkspillon Aug 11, 2019 1:24pm

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Post# 30016061

RE:Q2 Monday

Looking to hit the presentation numbers from May so something like, debt = 41.2 and production = 1740. If we get that then the debt paydown would equate to around 18 cents a share since the start of the year. I would like to see the company continue on the current path with no dividend until the debt, daily producton and/or sale price per share start with the number 2.

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