Aug 10 (Reuters) - Granite Oil Corp GXO.TO :
* PROVIDES OPERATIONAL UPDATE AND REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS, EXECUTIVE APPOINTMENT AND DIRECTOR RETIREMENT
* DEVON GRIFFITHS HAS BEEN PROMOTED TO CHIEF OPERATING OFFICER
* HENRY HAMM HAS RETIRED AS A DIRECTOR OF COMPANY EFFECTIVE AUGUST 9TH, 2018
* QTRLY PRODUCTION DURING Q2 AVERAGED 2,217 BOE/D
* SEES A BUDGET RANGING FROM 1,900 TO 2,100 BBLS/D OF OIL PRODUCTION FOR SECOND HALF OF 2018
* QTRLY DILUTED LOSS PER SHARE $0.01
* QTRLY OIL AND NATURAL GAS REVENUES $14.1 MILLION VERSUS $13.8 MILLION
* QTRLY FFO PER SHARE $0.12