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

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Post by Public_Heelon Mar 06, 2016 4:47pm

135 Views

Post# 24627871

The Real Truth - a semi-negative view

C$0.33 cash distribution
AMER shares sold on London, driving price down to C$0.45, so C$0.09 for us
Stub value of .01

So C$0.43 for us. That's "semi"-negative because I don't know what other obligations/liabilities they'll have to dump (in addition to the ones they just got rid of)

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