ROK Resources Inc. is pleased to announce the promotion of Mr. Bryden Wright to President and CEO of the Company, with Mr. Cameron Taylor continuing to serve the Company as Executive Chairman of the Board. "The natural leadership evolution underscores the Company's confidence in Mr. Wright's capabilities. With over 17 years of industry experience, ROK will continue to rely upon Mr. Wright and his team to guide responsible [...]
VANCOUVER, BC, March 4, 2025 /CNW/ - The following issues have been halted by CIRO Company: ROK Resources Inc. TSX-Venture Symbol: ROK.WT All Issues: No Reason: Pending Delisting Halt Time : 12:00 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
ROK Resources Inc. is pleased to provide its 2025 capital budget and guidance, emphasizing disciplined development of its conventional light oil prospects in core operating areas in Southeast Saskatchewan. Should commodity prices remain within the current range, the Company will prioritize maintaining stable production and Funds from Operations will be directed to expeditiously reduce debt outstanding. Alternatively, if [...]
ROK Resources Inc. is pleased to announce expedited debt reduction through 2024 and provide an operations update and results of its 2024 year end reserves. In 2024, the Company delivered on disciplined capital allocation with the primary goals of further enhancing its already stable balance sheet and strengthening the Company's base production. The Company's drilling program focused on light oil prospects in Southeast [...]
ROK Resources Inc. has filed its interim Financial Results and Management Discussion & Analysis for the nine months ended September 30, 2024. The Company successfully executed its Q3 2024 drilling program, drilling 2 gross wells in Saskatchewan. At September 30, 2024, one well was on-stream, achieving an IP30of 240 boepd1 . Both wells drilled in the quarter had no prior reserve value associated. The 2024 drilling program [...]
ROK Resources Inc. is pleased to announce year to date drilling results and an update to 2024 guidance. 2024 DRILLING RESULTS Year to date, the Company has successfully drilled 6 gross wells, resulting in two of the best oil wells drilled in Saskatchewanin July 20241, with the two wells averaging more than 250 boepd2 IP30 and 230 boepd2 IP60. In addition, the most recent well drilled in the program has produced [...]
ROK Resources Inc. is pleased to announce it has entered into a Share Exchange Agreement with EMP Metals Corp. , effective August 1st, 2024 wherein ROK will exchange its common shares of Hub City Lithium Corp. , a private entity, in return for 17,085,000 common shares of EMP Metals, a public entity which trades on the Canadian Securities Exchange under the trading symbol "EMPS". At Closing, ROK's ownership in EMP Metals [...]
ROK Resources Inc. is pleased to outline its strategic direction for the second half of 2024, aimed at enhancing shareholder value through the development of conventional light oil prospects in core operating areas of Southeast Saskatchewan. 1H 2024 1 2H 2024 2024 Year Capital Expenditures $9.5 $14.5 $24.0 Daily Average Production 2 4,000 4,300 4,150 Exit Production 2,3 4,000 4,600 4,600 Funds from Operations $15.0 $16.0 [...]
ROK Resources Inc. has filed its interim Financial Results and Management Discussion & Analysis for the three months ended March 31, 2024. The Company remained on strategy and budget for Q1 2024. Funds Flow of $6.3 million was used to further reduce Adjusted Net Debt. Despite the inactive quarter, the Company had modest production growth quarter over quarter and is well positioned to commence its drilling program in late [...]
ROK Resources Inc. announces revised first-half 2024 guidance, and has filed its Annual Financial Results and Management Discussion & Analysis for the year ended December 31, 2023. First-Half 2024 Revised Guidance With the recent stability of WTI pricing, the Company anticipates commencing its drilling program after spring break-up in late Q2 2024. Key initiatives for 2024 include reducing corporate finding and [...]
ROK Resources Inc. is pleased to provide: 2023 operations update highlighted by record December 2023 daily average production of approximately 4,650 boepd, 2023 year-end reserve and core area drilling inventory growth, and first-half 2024 guidance focused on disciplined capital allocation. 2023 Operational Highlights Record Average Production of 4,650 boepd in December: Daily average production in December of 4,650 boepd [...]
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