on ROK Resources Inc. (CVE:ROK)
ROK Resources Reports Q3 2025 Results and Going Private Update
ROK Resources Inc. has released its financial results for Q3 2025 and updated on its Going Private Transaction. The transaction is expected to conclude by December 31, 2025, pending shareholder approval at the meeting on December 10, 2025. Materials for this meeting have been distributed and are accessible on the company's website.
In Q3 2025, ROK Resources maintained budget alignment with $4.1 million in Funds from Operations. Capital expenditures totaled $3.6 million due to drilling activities. The company achieved an average production of 3,414 boepd, with a 66% liquids rate. An Adjusted Net Surplus of $2.7 million was reported, contrasting with $10.6 million in Adjusted Net Debt at the 2024 year-end.
The Normal Course Issuer Bid saw 2,005,500 shares repurchased, at approximately $0.192 each, leaving 217,763,815 shares outstanding. The company's financial reports are available on SEDAR+.
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