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Granite Ridge Resources focuses on diverse, non-operated oil and gas investments across leading U.S. basins.
Granite Ridge Resources, Inc. is a non-operated oil and gas exploration and production company focused on high-graded wells across prime basins in the United States, including the Permian, Eagle Ford, Bakken, Haynesville, and Denver-Julesburg regions. Instead of drilling wells themselves, they mitigate risks and costs by investing in various interests in wells operated by established public and private companies, allowing them to diversify their asset base and maintain a flexible investment strategy. By employing a tech-enabled platform, Granite Ridge aims to consolidate its portfolio of non-operated assets while driving investor value through capital appreciation and quarterly cash dividends.
The company's business model is built around a prudent investment approach, where it actively chooses participation opportunities on a case-by-case basis, assessing well economics based on performance data and operator expertise. By recycling cash flow into growth opportunities while preserving a healthy balance sheet, Granite Ridge enhances its ability to withstand volatility in the oil and gas markets. Its focus on partnership with experienced operators, robust data analytics, and selective participation in well development underscores its strategy to maximize returns without the operational burdens typically faced by operators.
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