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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 InvestLargeCon Sep 30, 2014 11:22am
285 Views
Post# 22982516

Many ongoing catalysts by year's end:

Many ongoing catalysts by year's end:1) Results from the extended well test of the Loto-1X well (CPO-5 Block). The evaluation is ongoing and the company estimates that the initial flow rate will increase by 20-50% thanks to the new bigger pump. 2) The company will also drill the Loto-1 offset well by year end. 3) Farm-out news from the Talora Block. The data-room is ready according to the latest news. 4) Possibility of farm-out news from the Tacacho Block. I believe the existing JV partner, Pacific Rubiales, will increase its stake. 5) The sale of the US Heavy Oil Project in California. According to the latest presentation, the company has already identified potential monetization options for the Californian assets.
Bullboard Posts