ROK Resources Announces Rapid Debt Reduction, Provides Operations Update and 2024 Year-End Reserves
ROK Resources reported significant achievements in 2024, including a 43% reduction in Adjusted Net Debt to $10.6 million. The company outperformed its guidance with $31.6 million in Funds from Operations, a 6% increase from internal forecasts. Annual average production reached 3,992 boepd (66% liquids), representing 3% growth compared to 2023.
The company's 2024 drilling program focused on light oil prospects in Southeast Saskatchewan, exceeding internal type curves by over 20%. Reserve evaluation highlights include total proved basic NAV of $0.56/share and total proved plus probable basic NAV of $1.03/share, showing increases of 10% and 3% respectively compared to 2023. The corporate decline rate improved from 23% to 21% year over year, with a 4% increase in TP Light and Medium Oil reserves and 5% increase in TPP Light and Medium Oil reserves.
ROK Resources ha riportato risultati significativi nel 2024, inclusa una riduzione del 43% del Debito Netto Rettificato a $10,6 milioni. L'azienda ha superato le proprie previsioni con $31,6 milioni in Fondi dalle Operazioni, un aumento del 6% rispetto alle previsioni interne. La produzione media annuale ha raggiunto 3.992 boepd (66% liquidi), rappresentando una crescita del 3% rispetto al 2023.
Il programma di perforazione del 2024 dell'azienda si è concentrato su prospettive di petrolio leggero nel sud-est del Saskatchewan, superando le curve di tipo interne di oltre il 20%. I punti salienti della valutazione delle riserve includono un NAV di base provato totale di $0,56/azione e un NAV di base provato più probabile totale di $1,03/azione, mostrando rispettivamente aumenti del 10% e del 3% rispetto al 2023. Il tasso di declino aziendale è migliorato dal 23% al 21% anno su anno, con un aumento del 4% nelle riserve di petrolio leggero e medio TP e un aumento del 5% nelle riserve di petrolio leggero e medio TPP.
ROK Resources reportó logros significativos en 2024, incluida una reducción del 43% en la Deuda Neta Ajustada a $10.6 millones. La empresa superó su guía con $31.6 millones en Fondos de Operaciones, un aumento del 6% respecto a las proyecciones internas. La producción promedio anual alcanzó 3,992 boepd (66% líquidos), representando un crecimiento del 3% en comparación con 2023.
El programa de perforación de la empresa para 2024 se centró en prospectos de petróleo ligero en el sureste de Saskatchewan, superando las curvas tipo internas en más del 20%. Los aspectos destacados de la evaluación de reservas incluyen un NAV básico probado total de $0.56/acción y un NAV básico probado más probable total de $1.03/acción, mostrando aumentos del 10% y 3% respectivamente en comparación con 2023. La tasa de declive corporativa mejoró del 23% al 21% año tras año, con un aumento del 4% en las reservas de petróleo ligero y medio TP y un aumento del 5% en las reservas de petróleo ligero y medio TPP.
ROK Resources는 2024년에 중요한 성과를 보고했으며, 조정된 순부채를 $10.6 백만으로 43% 줄였습니다. 이 회사는 내부 예측보다 6% 증가한 $31.6 백만의 운영 자금을 달성하여 가이던스를 초과했습니다. 연간 평균 생산량은 3,992 boepd (66% 액체)로, 2023년 대비 3% 성장했습니다.
회사의 2024년 시추 프로그램은 사스카체완 남동부의 경유 유망 지역에 집중되어 있으며, 내부 유형 곡선을 20% 이상 초과했습니다. 자산 평가의 주요 내용으로는 주당 $0.56의 총 확정 기본 NAV와 주당 $1.03의 총 확정 및 예상 기본 NAV가 포함되어 있으며, 각각 2023년 대비 10% 및 3% 증가했습니다. 기업의 감소율은 전년 대비 23%에서 21%로 개선되었고, TP 경유 및 중유의 매장량은 4% 증가했으며, TPP 경유 및 중유의 매장량은 5% 증가했습니다.
ROK Resources a rapporté des réalisations significatives en 2024, y compris une réduction de 43 % de la Dette Nette Ajustée à 10,6 millions de dollars. L'entreprise a dépassé ses prévisions avec 31,6 millions de dollars en Fonds d'Opérations, soit une augmentation de 6 % par rapport aux prévisions internes. La production moyenne annuelle a atteint 3 992 boepd (66 % liquides), représentant une croissance de 3 % par rapport à 2023.
Le programme de forage de l'entreprise pour 2024 s'est concentré sur les perspectives de pétrole léger dans le sud-est de la Saskatchewan, dépassant les courbes de type internes de plus de 20 %. Les points forts de l'évaluation des réserves comprennent un NAV de base prouvé total de 0,56 $/action et un NAV de base prouvé plus probable total de 1,03 $/action, montrant des augmentations respectives de 10 % et 3 % par rapport à 2023. Le taux de déclin de l'entreprise s'est amélioré de 23 % à 21 % d'une année sur l'autre, avec une augmentation de 4 % des réserves de pétrole léger et moyen TP et une augmentation de 5 % des réserves de pétrole léger et moyen TPP.
ROK Resources berichtete 2024 über bedeutende Erfolge, darunter eine Reduzierung der bereinigten Nettoverschuldung um 43% auf $10,6 Millionen. Das Unternehmen übertraf seine Prognosen mit $31,6 Millionen aus Betriebsabläufen, was einem Anstieg von 6% im Vergleich zu den internen Vorhersagen entspricht. Die durchschnittliche Jahresproduktion erreichte 3.992 boepd (66% Flüssigkeiten), was einem Wachstum von 3% im Vergleich zu 2023 entspricht.
Das Bohrprogramm des Unternehmens für 2024 konzentrierte sich auf Leichtölvorkommen im Südosten von Saskatchewan und übertraf die internen Typkurven um über 20%. Zu den Höhepunkten der Reservenbewertung gehören ein nachgewiesener Basis-NAV von $0,56/Aktie und ein nachgewiesener plus wahrscheinlicher Basis-NAV von $1,03/Aktie, was jeweils einem Anstieg von 10% und 3% im Vergleich zu 2023 entspricht. Die Unternehmensrückgangsrate verbesserte sich von 23% auf 21% im Jahresvergleich, mit einem Anstieg der TP Leicht- und Mittelschwerölreserven um 4% und einem Anstieg der TPP Leicht- und Mittelschwerölreserven um 5%.
- 43% reduction in Adjusted Net Debt to $10.6 million
- Funds from Operations reached $31.6 million, 6% above forecast
- Production grew 3% to 3,992 boepd compared to 2023
- Drilling results exceeded internal type curves by >20%
- Corporate decline rate improved from 23% to 21%
- 10% increase in total proved NAV per share
- Future development costs reduced by 9% on TP reserves
- None.
NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES
REGINA, SK / ACCESS Newswire / February 12, 2025 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK)(OTCQB:ROKRF) is pleased to announce expedited debt reduction through 2024 and provide an operations update and results of its 2024 year end reserves.
In 2024, the Company delivered on disciplined capital allocation with the primary goals of further enhancing its already stable balance sheet and strengthening the Company's base production. The Company's drilling program focused on light oil prospects in Southeast Saskatchewan and was underpinned by strong production rates that exceeded internal type curves by greater than
2024 Operational Highlights
43% Reduction in Adjusted Net Debt: The Company will exit 2024 with estimatedAdjusted Net Debt of$10.6 million , representing a43% , or$8.1 million , reduction year over year;Funds from Operations Outperforms Forecast: Estimated Funds from Operations of
$31.6 million in 2024, a6% increase compared to internal forecast of$29.8 million ; andProduction In-Line with Forecast: Daily average production in 2024 of 3,992 boepd (
66% liquids), which represents production growth of3% compared to 2023 despite only drilling 8 gross (6.8 net) horizontal oil wells.
The Company expects to provide full-year 2025 guidance on February 27, 2025.
2024 Corporate Reserves
The Company focused its 2024 drilling program on open-hole, multi-lateral light oil prospects in Saskatchewan, which resulted in Light and Medium Crude Oil reserve growth across all three reserves categories, proved developed producing ("PDP"), total proved ("TP") and total proved plus probable ("TPP"). In addition, improvement to reserve life index ("RLI"), finding and development costs, recycle ratio and net asset value ("NAV") per share were also observed.
Reserves Evaluation Highlights
Total proved basic NAV9 of
$0.56 /share and total proved plus probable basic NAV9 of$1.03 /share, representing increases of10% and3% , respectively, when compared to 2023 (excludes any value attributed to the Company's current hedges, undeveloped land, and equity ownership in EMP Metals Corp.).Improved corporate decline rate11 going from
23% to21% when compared year over year; andAs a result of our successful light oil drilling program in 2024, the Company had a
4% increase on TP Light and Medium Oil reserves and5% increase on TPP Light and Medium Oil reserves.
Summary of Oil & Gas Reserves as of December 31, 20243,4,5,6 The evaluation for the Company as at December 31, 2024, was conducted by McDaniel & Associates Ltd. ("McDaniel") of Calgary and was conducted in accordance with the definitions, standards and procedures contained in the Canadian Oil and Gas Evaluators Handbook ("COGEH") and National Instrument 51-101 - Standards for Disclosure of Oil and Gas Activities ("NI 51-101"). | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Reserves - Total Company Interest | Light and | Conventional Natural Gas | Natural Gas Liquids | Total | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Mbbl | MMcf | Mbbl | Mboe | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Proved Developed Producing | 2,744 | 12,837 | 576 | 5,459 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Proved | 7,535 | 25,686 | 1,448 | 13,264 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Probable | 3,963 | 18,299 | 920 | 7,933 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Proved plus Probable | 11,498 | 43,985 | 2,368 | 21,196 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Net Present Values as of December 31, 2024 (Before Income Tax)3,4,5,6,7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Before Tax Present Value (M$) | Undiscounted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Proved Developed Producing | -9,968 | 34,251 | 43,626 | 44,670 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Proved | 165,935 | 158,475 | 134,109 | 112,145 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Probable | 216,949 | 143,054 | 101,843 | 76,498 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Proved plus Probable | 382,883 | 301,528 | 235,951 | 188,642 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Future Development Costs ("FDC") FDC reflects best estimate of the capital costs to develop and produce reserves. Included in FDC are 91 gross proved booked drilling locations and 30 gross probable booked drilling locations. This year, the Company converted 46 booked locations from cemented liner/hydraulic fracture completions to open-hole, multilateral designs. This initiative reduced future development costs by
Performance Measures (including FDC) The following table highlights finding and development ("F&D") and finding, development and acquisition ("FD&A") costs and associated recycle ratios, including FDC, based on the evaluation of the Company's petroleum and natural gas reserves prepared by McDaniel:
Reserve Life Index The following table highlights our reserve life index based on the evaluation of the Company's petroleum and natural gas reserves prepared by McDaniel:
Price Forecast4 (Sproule, GLJ, McDaniel Average), January 1, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year | F/X | WTI | Cromer Medium | Alberta AECO |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| USD/CAD | USD/bbl | CAD/bbl | CAD/Mmbtu |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2025 | 0.71 | 71.58 | 91.15 | 2.36 |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2026 | 0.73 | 74.48 | 93.35 | 3.33 |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2027 | 0.74 | 75.81 | 93.62 | 3.48 |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2028 | 0.74 | 77.66 | 95.96 | 3.69 |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2029 | 0.74 | 79.22 | 97.88 | 3.76 |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2030 | 0.74 | 80.80 | 99.83 | 3.83 |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2031 | 0.74 | 82.42 | 101.83 | 3.91 |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2032 | 0.74 | 84.06 | 103.87 | 3.99 |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2033 | 0.74 | 85.74 | 105.95 | 4.07 |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2034 | 0.74 | 87.46 | 108.06 | 4.15 |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Reconciliation of Total Company Reserves
| Total Light & Medium Crude | Total Natural Gas | Total Natural Gas Liquids & Condensates | BOE | ||||||||
FACTORS | Proved | Probable | Proved + Probable | Proved | Probable | Proved + Probable | Proved | Probable | Proved + Probable | Proved | Probable | Proved + Probable |
Mbbl | Mbbl | Mbbl | MMcf | MMcf | MMcf | Mbbl | Mbbl | Mbbl | Mboe | Mboe | Mboe | |
Open Dec 31, 2023 | 7,275 | 3,655 | 10,930 | 27,196 | 18,257 | 45,453 | 1,591 | 958 | 2,549 | 13,399 | 7,655 | 21,054 |
Acquisitions | 7 | 2 | 9 | 1 | 7 | 8 | 0 | 1 | 1 | 8 | 4 | 12 |
Economic Factors | 49 | 23 | 73 | -737 | -354 | -1,091 | -21 | -9 | -30 | -94 | -45 | -139 |
Extensions/Improved Rec. | 734 | 445 | 1,178 | 735 | 499 | 1,234 | 67 | 46 | 113 | 923 | 574 | 1,497 |
Technical Revisions | 256 | -158 | 98 | 1,655 | -123 | 1,532 | -31 | -79 | -110 | 501 | -257 | 244 |
Transfer to PDP | 11 | -3 | 8 | -47 | 18 | -30 | -4 | 4 | -0 | -1 | 4 | 3 |
Production | -798 | -1 | -799 | -3,118 | -4 | -3,123 | -154 | -0 | -154 | -1,471 | -2 | -1,473 |
Close Dec 31, 2024 | 7,535 | 3,963 | 11,498 | 25,686 | 18,299 | 43,985 | 1,448 | 920 | 2,368 | 13,263 | 7,933 | 21,196 |
Notes:
Does not include approximately
$0.7 million of expenditures related to lithium project, or$2.1 million of expenditures toward abandonment and reclamation obligations.Estimated prior to finalizing year-end audited financial statements.
Reserves from acquisition may differ from previous disclosure due to well underperformance or overperformance.
The inflation rate is
0% in 2025,2% per year in 2026 and2% per year starting in 2027.Estimated future undiscounted development costs at December 31, 2024 were
$130 million for proved reserves and$174 million for proved plus probable reserves.Report includes well and facility abandonment and reclamation costs of
$103.5 million (with inflation) for the proved plus probable case.The net present values disclosed may not represent fair market value.
Totals may vary due to rounding.
Basic Net Asset Value ("Basic NAV") includes NPV10 of TP and TPP reserves, respectively, less estimated2 adjusted net debt balance of
$10.6 million as of December 31, 2024, divided by 219,769,315 outstanding common shares.Total capital attributed to oil and gas finding and development in 2024 was
$17.4 million .Corporate decline rate calculated on a 3-year timeframe (2025, 2026, 2027) on Proved Developed Reserves, and assumes no maintenance capital required.
About ROK
ROK is primarily engaged in exploring petroleum and natural gas development activities in Alberta and Saskatchewan. It has offices located in both Regina, Saskatchewan, Canada and Calgary, Alberta, Canada. ROK's common shares are traded on the TSX Venture Exchange under the trading symbol "ROK".
For further information, please contact:
Cameron Taylor, Chairman and Chief Executive Officer
Bryden Wright, President and Chief Operating Officer
Jared Lukomski, Senior Vice President, Land & Business Development
Lynn Chapman, Chief Financial Officer
Phone: (306) 522-0011
Email: investor@rokresources.ca
Website: www.rokresources.ca
Non-IFRS Measures
The non-IFRS measures referred to above do not have any standardized meaning prescribed by International Financial Reporting Standards ("IFRS") and, therefore, may not be comparable to similar measures used by other companies. Management uses this non-IFRS measurement to provide its shareholders and investors with a measurement of the Company's financial performance and are not intended to represent operating profits nor should they be viewed as an alternative to cash provided by operating activities, net income or other measures of financial performance calculated in accordance with IFRS. The reader is cautioned that these amounts may not be directly comparable to measures for other companies where similar terminology is used.
"Operating Income" is calculated by deducting royalties and operating expense from total sales revenue. Total sales revenue is comprised of oil and gas sales. The Company refers to Operating Income expressed per unit of production as an "Operating Netback". "Funds from Operations" is calculated by adding other income and realized gains/losses on commodity contracts ("hedging") to Operating Income. "Net Debt" includes all indebtedness of the Company, such as the "credit facility" and "lease obligations" (each as defined within the Company's interim condensed financial statements for the nine months ended September 30, 2024), net of Adjusted Working Capital. "Adjusted Working Capital" is calculated as current assets less current liabilities, excluding current portion of debt and lease liability as defined on the Company's statement of financial position within the Company's interim condensed financial statements for the nine months ended September 30, 2024. "Adjusted Net Debt" is calculated by removing the "current portion of risk management contracts", "deferred revenue liability" and "lease obligations" (each as defined within the Company's interim condensed financial statements for the nine months ended September 30, 2024) from Net Debt.
Conversion Measures
Production volumes and reserves are commonly expressed on a barrel of oil equivalent ("boe") basis whereby natural gas volumes are converted at the ratio of 6 thousand cubic feet ("Mcf") to 1 barrel of oil ("bbl"). Although the intention is to sum oil and natural gas measurement units into one basis for improved analysis of results and comparisons with other industry participants, boe's may be misleading, particularly if used in isolation. A boe conversion ratio of 6 Mcf to 1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. In recent years, the value ratio based on the price of crude oil as compared to natural gas has been significantly higher than the energy equivalency of 6:1 and utilizing a conversion of natural gas volumes on a 6:1 basis may be misleading as an indication of value.
Reserve Disclosure
All reserves information in this press release was prepared by an independent reserve evaluator, effective December 31, 2024, using the reserve evaluators December 31, 2024 forecast prices and costs in accordance with National Instrument 51-101 - Standards of Disclosure of Oil and Gas Activities ("NI 51-101") and the Canadian Oil and Gas Evaluation Handbook (the "COGE Handbook"). All reserve references in this press release are "Company gross reserves". Company gross reserves are the Company's total working interest reserves before the deduction of any royalties payable by the Company and before the consideration of the Company's royalty interests. It should not be assumed that the present worth of estimated future cash flow of net revenue presented herein represents the fair market value of the reserves. There is no assurance that the forecast prices and costs assumptions will be attained, and variances could be material. The recovery and reserve estimates of the Assets and ROK's crude oil, NGLs and natural gas reserves provided herein are estimates only and there is no guarantee that the estimated reserves will be recovered. Actual crude oil, natural gas and NGLs reserves may be greater than or less than the estimates provided herein.
Abbreviations
bbls/d bopd |
| barrels per day barrels per day |
boepd |
| barrels oil equivalent per day |
IP |
| Initial Production |
NGLs |
| Natural Gas Liquids |
Mboe Mg/l |
| Thousands of barrels of oil equivalent Milligrams per Litre |
MMboe |
| Millions of barrels of oil equivalent |
PDP |
| Proved Developed Producing |
TP |
| Total Proved Reserves |
TPP |
| Total Proved and Probable Reserves |
WTI YoY CA$ US$ |
| West Texas Intermediate, the reference price paid in U.S. dollars at Cushing, Oklahoma for the crude oil standard grade Year over year Canadian dollars U.S. dollars |
Cautionary Statement Regarding Forward-Looking Information
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements with respect to the Company's objectives, goals, or future plans and the expected results thereof. Forward-looking statements are necessarily based on several estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include but are not limited to general business, economic and social uncertainties; litigation, legislative, environmental, and other judicial, regulatory, political and competitive developments; delay or failure to receive board, shareholder or regulatory approvals; those additional risks set out in ROK's public documents filed on SEDAR+ at www.sedarplus.ca; and other matters discussed in this news release. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether because of new information, future events, or otherwise.
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: ROK Resources Inc.
View the original press release on ACCESS Newswire
FAQ
What was ROK Resources (ROKRF) debt reduction in 2024?
What was ROKRF's average production in 2024?
How much did ROK Resources (ROKRF) spend on capital expenditures in 2024?
What is ROK Resources' (ROKRF) proved plus probable NAV per share for 2024?
How did ROKRF's drilling program perform in Southeast Saskatchewan?
