ROK Resources Inc.
Symbol: TSXV: ROK OTCPK: PTRDF
Market Cap: Private
- ROK is a conventional Canadian light oil & gas producer with ~3,000 BEOPD & 1,380,556 gross (333,347 net) acres based in SE & SW Saskatchewan and the Kaybob region of Alberta
- ROK boasts a highly skilled technical team that has organically built and sold four previous private companies in SE Saskatchewan for total proceeds of $450MM+
- ROK offers investors downside protection with 75% of their production hedged at an average price of US$93.61/bbl for two years, while offering upside through unhedged volumes and production growth; yet offering the best value in its peer group at 1.3xEV/EBIDTA and 40% debt adjusted free cash flow