Granite Oil Corp. reported unaudited earnings and operating results for the first quarter ended March 31, 2019. For the quarter, the company reported oil and natural gas revenues of $9,296,000 compared to $10,675,000 a year ago. Net loss was $1,884,000 or $0.05 per basic and diluted share compared to $3,353,000 or $0.10 per basic and diluted share a year ago.

For the quarter, the company reported natural gas production of 189 mcf/d compared to 289 mcf/d a year ago. Crude oil production was 1,553 bbls/d compared to 2,157 bbls/d a year ago. Total production was 1,585 boe/d compared to 2,205 boe/d a year ago.