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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
Comment by hockeylad33on Jul 22, 2012 10:10am
152 Views
Post# 20139605

RE: Noob Question

RE: Noob Question

No production.  They have cash left over from their IPO and subsequent PP, as well as from 2 asset sales totalling approx $20M.  Almost no expenditures in the last 18 months sice they have no permits.  Should be drillind Dorado-1 shortly, in theory.

Bullboard Posts