Jared Lukomski, Senior VP Land & Business Development of ROK Resources Inc (TSX.V:ROK) (OTCQB:ROKRF), joins us for a comprehensive introduction to the company, key projects in SE Saskatchewan and Alberta, the Company’s quarterly and annual production profile, growth opportunities drilling new wells, and their overall value proposition within the oil and gas sector, along with an additional lithium project kicker.
ROK will continue to focus on the development of core properties in SE Saskatchewan, including both the conventional Frobisher and unconventional Midale prospects, with 14 wells slated to have been drilled by the end of 2023. The exit production rate by the end of 2023 is targeted at 4,300 – 4,500 boe/d; generating cash flows that are used to continue to pay down debt and invest back in the expansion of the business. An additional catalyst by year end will also be to release a Preliminary Economic Assessment (PEA) on their lithium project.
If you have any questions for Jared or the team at Rok Resources, then please email us at either Fleck@kereport.com or Shad@kereport.com.
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