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ROK Resources Inc V.ROK

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

ROK Resources Inc. is primarily engaged in exploring for petroleum and natural gas development activities in Alberta and Saskatchewan. The Company’s diversified asset base in both Southeast Saskatchewan and Alberta is weighted to light crude with opportunities for natural gas development in the Kaybob area of Alberta. 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.


TSXV:ROK - Post by User

Bullboard Posts
Post by hockeylad33on Jun 18, 2011 12:05am
353 Views
Post# 18732483

New Presentation

New PresentationCPO-5 looks potentially very nice.  2 wells this year, they should be spudding soon ( next month or so) on the south end of the block.  2 in begining of 2012 near Yatay and Corcel.

Talora - they now call it a company maker block based on the gas find - Something we don't know about?  Off the top of my head it only flowed 550K CF/d, but it has huge net pay zone 240 +/- ft and large closure.

Visure 1x - They are going to stimulate it with steam injection.  Fingers crossed.  Maybe bugainvilles isnt a total write off.  Also defined a new prospect and will be drilling one well this year to test main Caballos Target, (never reached)

La Maye (noelia) test noelia 1 if floodwaters ever recede.   Drill a follow up eventually.

Tacacho;  drilling early 2012 - Huge Prospects and P50 risked

25M projected year end cash.

Paraguar/peru drilling 2012 looks like. 

Risked NAVPS of $2.40+

Lots of eggs in the CPO-5 basket, but IF they hit, it has huge potential.

Fingers crossed.
Bullboard Posts