secwatch.observer — SEC 8-K summary
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Issuer:     Granite Ridge Resources, Inc. (GRNT)
CIK:        0001928446
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0001104659-23-028794
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

Granite Ridge Resources restates Q3 2022 financials; depletion overstated by $14.1M
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- Audit committee concluded unaudited Q3 2022 financials should no longer be relied upon due to errors.
- Depletion expense overstated by $14.1M for the three and nine months ended September 30, 2022.
- Company will file amended 10-Q/A; material weakness in internal control over financial reporting identified.
- Error does not affect reported revenue, liquidity, cash flows or cash balances.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1928446/000110465923028794/0001104659-23-028794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1928446/000110465923028794/tm238552d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-028794

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