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ROK Resources Inc V.ROK

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

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

Post by mofwmofwon Feb 08, 2023 6:31am
683 Views
Post# 35273708

Problem

ProblemThe problem with ROK is that we don't know what the problem is, at least I don't. I invested in this company  because of their hedge for 75% of their production but I'm afraid something else is wrong. Of all my oil stocks,  this is the worst for share appreciation.  Hopefully the company will level  with us and give some positive news shortly (if they can) . I'm personally a little under water but sometimes it's better to stop the bleeding especially when there are much better oil and gas investments out there.  Any comments? GLTA
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