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ROK Resources Inc V.ROK

Alternate Symbol(s):  RKRWF | V.ROK.WT | ROKRF

ROK Resources Inc. is a Canada-based oil and gas company. The Company is primarily engaged in exploring for petroleum and natural gas development activities in Alberta and Saskatchewan. Its core assets include Southeast Saskatchewan, which comprises oil weighted conventional Frobisher and unconventional Midale prospects and covers over 131,000 net acres, and Kaybob Alberta, a gas weighted, stacked multi-zone reservoir with upside locations in the Cardium, Montney, Bluesky and Dunvegan formations. The Company covers over 75,000 gross (45,000 net) acres in Kaybob. The Company also has a 25% interest in a private entity, which holds certain Subsurface Mineral Dispositions in Saskatchewan, with a focus on potential lithium resource prospects.


TSXV:ROK - Post by User

Bullboard Posts
Comment by Lurker11on Apr 27, 2014 10:23pm
188 Views
Post# 22496504

RE:RE:Testing at Loto-1x shortly

RE:RE:Testing at Loto-1x shortlyAnother excerpt from the tender document for the completions rig: The well was tested in Lower sands (Une) and Mirador formations. The three intervals in the Mirador formation, during comingle flow with ESP, produced good amount of oil of 17 deg API with high water percentage. The total fluid rate is 8000-9000 BPD with 86-90% water cut. That's about 850 BOPD which is a pretty good well and will help to prove economics for the block. With a 30% working interest that is about 255 BPD for PDQ. Will be important to shut-off as much of the water as possible on this well and get better cement seal in future wells to reduce water handling costs.
Bullboard Posts