March 20 (Reuters) - Granite Oil Corp GXO.TO :
* GRANITE OIL CORP. INITIATES A PROCESS TO REVIEW STRATEGIC ALTERNATIVES
* GRANITE OIL CORP. INITIATES A PROCESS TO REVIEW STRATEGIC ALTERNATIVES
* GRANITE OIL CORP - APPOINTED AN INDEPENDENT COMMITTEE TO UNDERTAKE A BROAD REVIEW OF POTENTIAL ALTERNATIVES
* GRANITE OIL - STRATEGIC ALTERNATIVES MAY INCLUDE A SALE OR MERGER OF CO OR OTHER FORM OF BUSINESS COMBINATION
* GRANITE OIL CORP - STRATEGIC ALTERNATIVES MAY ALSO INCLUDE SALE OR JV INVOLVING ALL OR A PORTION OF ASSETS, RECAPITALIZATION OF CO
* GRANITE OIL CORP - STRATEGIC ALTERNATIVES MAY ALSO INCLUDE PURCHASE OF ASSETS