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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
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Comment by not4anymoreon May 23, 2015 10:07am
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Post# 23757181

RE:RE:RE:RE:Risk.........

RE:RE:RE:RE:Risk.........The risk with any natural gas injection scheme is that the natural gas can break through to the producing oil wells prematurely. Not good when that happens! I see GXO adding assets going forward to mitigate this risk. It is up to management to add quality to the mix.
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