On May 1, 2019, Gail Hannon resigned as Granite Oil Corp.’s Chief Financial Officer (‘CFO’) to pursue other opportunities. Following Ms. Hannon’s resignation, the Company announce it has appointed John (Jack) Smith as Interim CFO. Mr. Smith has previously served as the CFO for a number of Canadian junior energy companies, including Temple Energy Inc., Silverback Energy Ltd., and New Star Energy Ltd. In keeping with its goal of reducing costs and improving operational efficiency, Granite has reduced its executive team to three members: Mike Kabanuk, President and CEO, Devon Griffiths, COO, and Jack Smith, Interim CFO.