Granite Ridge Resources Extends Management Services Agreement and Increases Service Fee

Reuters12-17

<a href="https://laohu8.com/S/GRNT">Granite Ridge Resources</a> Extends Management Services Agreement and Increases Service Fee

Granite Ridge Resources Inc. announced an amendment to its existing Management Services Agreement with Grey Rock Administration, LLC, extending the initial term from April 30, 2028, to April 30, 2031. The amendment also increases the services fee from $10.0 million to $11.75 million, with annual CPI-based adjustments beginning January 1, 2027, and grants management the authority to raise the fee up to a maximum of $12.50 million. In addition, Granite Ridge Ventures, LLC, a wholly owned subsidiary, entered into a power capacity commitment arrangement with Conduit Bravo LLC. The transaction is documented under an ISDA 2002 Master Agreement and related documents.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Granite Ridge Resources Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001928446-25-000051), on December 16, 2025, and is solely responsible for the information contained therein.

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