Wednesday, May 6, 2020

Granite Oil Corporation Case Study - 1336 Words

Executive Summary: This report outlines Granite Oil Corporation’s key strategic objectives and mission for value creation, external environment, organizational design, its competitive advantages, applications to course material and comparisons to other similar companies it is in competition with. Table of Contents Introduction Granite Oil Corporation is a relatively small public corporation dealing in exploration for and exploitation, development and production of oil and natural gas [4]. Granite Oil Corporation solely owns a reserve of oil on the Bakken formation near Lethbridge Alberta, and has developed this property with 44 horizontal production wells [5].†¦show more content†¦Ã¢â‚¬ ¢ Gail Hannon: CFO – with over two decades of oil and gas experience, Hannon is a professional accountant. She began her career with International Colin Energy Corp. and progressively climbed up towards more senior financial positions with multiple other companies prior to Granite Oil Corp. †¢ Bradley Porter – Director: as an independent businessman and co-founder of DeeThree, Porter has served as board member for numerous corporations in the oil and natural gas industry. Prior to DeeThree, He served as Executive Vice President and Director for two other companies in the industry. †¢ Martin Cheyne – Director: Cheyne served as President and Director to two companies, as well as founding Bredal Energy Corp. before becoming a founder of DeeThree. He also served as Director for Triaxon Resources Ltd., a corporation he sold a large portion of his Bredal’s producing assets to. He also served as a Vice President to International Colin Energy Corp. †¢ Kevin Andrus – Director: Andrus is a Portfolio Manager of Energy Investments with GMT Capital Corp. and a Chartered Financial Analyst who has spent many years working with a variety of investment management companies †¢ Henry Hamm – Director: Hamm is the owner and operator of several private companies in Alberta’s Grand Prairie Region, including land development, home building companies and oil and gas service companies †¢ Tyler Klatt – Director: a professional geologist with over fifteen years of experience working in theShow MoreRelatedBackground And Present Status Of Energy Sector Essay10096 Words   |  41 Pagesnatural resources such as oil, gas, coal, hard rock, white clay, boulder etc. Bangladesh being the prime delta in the world, serves as a decent pool of Natural Gas. 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