Granite Oil Corp. is an independent oil and gas exploration and production company headquartered in Calgary, Alberta. The company focuses on the acquisition, development and optimization of conventional crude oil and natural gas properties in Western Canada. Its core strategy centers on enhancing production from long-life, low-decline assets while maintaining a conservative capital structure and disciplined cost management.
Granite Oil’s operations are concentrated in the Peace River Arch region of Alberta, where it holds a diversified portfolio of heavy and light oil properties. The company employs a blend of established drilling, recompletion and enhanced recovery techniques to maximize recovery rates and extend the productive life of its reservoirs. In addition to its Peace River hubs, Granite maintains strategic interests in other Western Canadian Sedimentary Basin assets, which provide optionality across multiple commodity types and drilling environments.
Originally founded in 1969, the company has evolved through various corporate milestones, including mergers, asset divestitures and organic growth initiatives. Over several decades, Granite Oil has built a reputation for acquiring undervalued properties with strong decline-curve profiles and unlocking value through operational efficiencies. Its growth trajectory has been guided by a focus on technical expertise and capital discipline, enabling the company to navigate commodity price cycles with resilience.
Granite Oil’s leadership team brings together professionals with extensive backgrounds in petroleum engineering, geology and finance. The executive suite is led by President and CEO Chris Green, whose tenure in the oilpatch spans more than 25 years, supported by Vice President of Operations Frank Moon and a board of directors experienced in energy, capital markets and corporate governance. Together, they guide Granite’s strategic direction, emphasizing safe operations, environmental stewardship and long-term value creation for stakeholders.
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