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ROK Resources Inc V.ROK

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

Energy Oil & Gas E&P
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

ROK Resources Inc
Bullboard Posts
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(2)
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Post by InvestLargeCon Oct 15, 2014 1:37am
228 Views
Post# 23028503

Meanwhile, in the Real Market...

Meanwhile, in the Real Market... ...the acquisitions continue in Colombia. Here is one more from Llanos Basin, where PDQ participates in CPO-5 block:

"10/14/2014 6:30 AM ET
Global Energy Development Plc (GED.L) said it has entered into a conditional share purchase agreement with Platino Energy Holdings, Corp., a unit of Platino Energy Corp. (PZE.V: Quote), for disposal of the rights and obligations of the company's contract areas within the Llanos Basin for a gross consideration of $50 million in cash."

https://www.rttnews.com/2396810/global-energy-development-announces-proposed-sale-of-llanos-assets-shares-climb.aspx

I think, if anyone makes the calculations, then he will see that PZE pays much more from what the stock market valuates these assets now.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities