ROK Resources Inc.
PTRDF
Other OTC0.31
USD
- -
- -
Return %
Stock
S&P500
1Y
68.28
26.57
3Y
420.00
76.60
5Y
476.71
78.48
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Cameron W. Taylor
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 1911 Broad Street Regina SK Canada S4P 1Y1
- IPO Date
- Apr 8, 2010
- Website
- rokresources.ca
- Similar Companies
- Business
- ROK Resources Inc. (TSXV:ROK, OTCQB:ROKRF) is a growth-oriented independent oil and gas company focused on the exploration, development, and production of light oil, natural gas, and natural gas liquids in the Western Canadian Sedimentary Basin; core assets include conventional plays in Southeast Saskatchewan targeting Frobisher and Midale formations with over 100 development drilling locations and low-decline production emphasizing primary development and enhanced oil recovery potential, as well as Kaybob assets in Western Alberta featuring Cardium oil and Montney gas opportunities on 75,000 gross acres held at 100% working interest; operations emphasize sustainable practices, operational control with high working interests averaging 80%, and low-cost structures with operating costs around $30 per boe and royalties below 15%; founded in 2020 and headquartered at 1911 Broad Street in Regina, Saskatchewan, Canada, with additional presence in Alberta. Recent strategic developments include the April 2023 sale of non-core Weyburn Unit and other Saskatchewan assets for $47.25 million to eliminate senior debt and high-grade the portfolio; the January 2023 acquisition of Southeast Saskatchewan assets adding 48,720 net acres, 10.4 million boe proved plus probable reserves, and 90 drilling locations for accretive growth; the August 2024 share exchange agreement transferring its Hub City Lithium Corp. interest for an approximately 17% stake in EMP Metals Corp. (CSE:EMPS) plus a management agreement to oversee lithium brine exploration in Saskatchewan's Viewfield area, including ongoing drilling, direct lithium extraction pilots yielding battery-grade lithium carbonate, and a front-end engineering design study; a February 2025 capital budget announcement prioritizing debt reduction to $15.1 million adjusted net debt as of mid-2024 while maintaining production around 4,000 boepd with contingency for development drilling in late Q2 2025 contingent on commodity prices; and a September 2025 arrangement agreement for privatization via acquisition by Blue Alaska Oil Trading LLC for $52 million cash at $0.239 per share, with shareholders retaining exposure to lithium assets through a spin-co pending shareholder approval at the December 10, 2025 annual general meeting.
ROK Resources Files Financial Results for the Second Quarter of 2023 and Provides Lithium Update
ROK Resources: Undiscovered Frobisher Growth Story
ROK Resources Files Financial Results and Management Discussion & Analysis for the Second Quarter of 2021
ROK Resources Announces Issuance of Stock Options
ROK Resources Announces Upcoming Development Drilling Program
Rok Resources Announces Note Financing
ROK Files 2020 Financial Results, Reserve Report, and Management Discussion & Analysis