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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 Public_Heelon Aug 24, 2015 4:38pm
105 Views
Post# 24047079

AMER down 38% from deal announcement

AMER down 38% from deal announcement
I don't know how much this affects PDQ total of cash+investments, as I don't know if the last two
1.5m-share payments are based on the VWASP at the time of the payment or at the time of the deal. So I guess the 38% drop in AMER stock means somewhere between $2m and $2.3m
Bullboard Posts