Certain Common Stock of Granite Ridge Resources, Inc. are subject to a Lock-Up Agreement Ending on 12-DEC-2023.
December 11, 2023
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Certain Common Stock of Granite Ridge Resources, Inc. are subject to a Lock-Up Agreement Ending on 12-DEC-2023. These Common Stock will be under lockup for 91 days starting from 12-SEP-2023 to 12-DEC-2023.
Details:
The company's executive officers, directors and the Selling Securityholders (such persons, the ?lock-up parties?) entered into lock-up agreements with the underwriters prior to the commencement of this offering pursuant to which each lock-up party, for a period of 60 days (or 90 days with respect to the Selling Securityholders) in the case of the company's executive officers and directors.
Granite Ridge Resources, Inc. is an oil and gas exploration and production company. It owns a portfolio of wells and top-tier acreage across the Permian and four other prolific unconventional basins across the United States. It holds interests in wells in core operating areas of the Permian, Eagle Ford, Bakken, Haynesville and Denver-Julesburg (DJ) plays. It owns an interest in approximately 2,826 gross (176.50 net) producing wells, 309,472. The Permian Basin extends from southeastern New Mexico into west Texas. The Permian Basin consists of mature legacy onshore oil and liquids-rich natural gas reservoirs. The Eagle Ford shale formation stretches across south Texas and includes Austin Chalk and Buda formations. The Williston Basin stretches through North Dakota, the northwest part of South Dakota, and eastern Montana. The Haynesville Basin is a premier natural gas basin located in Northwestern Louisiana and East Texas. The DJ basin is a geologic basin centered in eastern Colorado.
GRANITE RIDGE RESOURCES, INC. 
