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.

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ROK Resources Inc

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Post by Issa224on Aug 11, 2022 11:53am

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Post# 34888507

March 17 Hedges

Based on the 75% hedges of Rok's production announced last March total revenue from oi & gas hedges alone and assuming .79 Exchange $C vs $ US exchange rate this would total amount of $ 21.157 million Canadian. This figure does not include the revenue from the other remaining 25-28% of the unhedged Rok's production.

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Understanding tax loss season and the “Santa Claus rally”