ROK Resources Inc.

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 [...]

View the original press release on accesswire.com...

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 [...]

ROK Resources Inc. , as a twenty-five percent shareholder and manager of operations of Hub City Lithium Corp. , is pleased to announce the highlights of Hub City Lithium's Preliminary Economic Assessment on the Viewfield Lithium Brine Project, Saskatchewan. The PEA outlines the estimated production of battery-quality lithium carbonate equivalent over a 23-year period, which represents an estimated pre-tax internal rate of [...]

ROK Resources Inc. as a twenty-five percent shareholder and manager of operations of Hub City Lithium Corp. , is pleased to report significant advancements and milestones in its lithium project: successful results from a direct lithium extraction pilot project, successful production of pure battery grade lithium carbonate, expected timing of direct lithium extraction field pilot, increased acreage in core operating area [...]

ROK Resources Inc. has filed its interim Financial Results and Management Discussion & Analysis for the three and nine months ended September 30, 2023. Q3 2023 HIGHLIGHTS Production up 10% YoY and 17% QoQ: Production averaged 3,858 boepd in the period, representing 10% growth compared to Q3 2022 and 17% growth compared to Q2 2023. Outperformed production forecast: Production exceeded the Company's average Q3 2023 forecast [...]