ROK Resources Inc. - ROK-V

Company Website 

Company Highlights: 

  • ROK is headquartered in Regina and is focused on conventional oil and natural gas areas in Saskatchewan and Alberta. Their drilling focus this year will be on their Frobisher oil play with IP30 rates of 175 boe/d. In 2023 they look to drill lands in their Kakwa Montney natural gas and liquids area holdings.
  • They purchased this past summer the production assets of Federated Cooperatives Limited for $72M adding nearly 3,000 boe/d. They see exiting 2022 with production of 3,500 boe/d. Free funds flow will be used to pay down the acquisition debt.
  • ROK has a market capitalization of nearly $60M and insiders own 15% of the outstanding shares.
     
Cameron Taylor
Cameron Taylor
Chairman & CEO
Co - Founder of ROK Resources Inc, former President and CEO of Villanova 4 Oil Company ,
Corp., Villanova Oil Corp & Villanova Resources Inc. Mr. Taylor is a geoscientist with over 30 years of experience in the Williston Basin, Foothills Deep Devonian and heavy oil exploration in Canada.