ROK Resources Projects Year-End 2026 Adjusted Net Surplus of $6.4 Million

Bitget2026/10/14 21:01

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ROK Resources forecasts 2026 capital expenditures of $23.4 million, expanding its drilling program to 12 gross wells.
Funds from operations are projected at $28.8 million, with average daily production of 3,025 barrels of oil equivalent.
Year-end adjusted net surplus is forecast at $6.4 million, factoring in a planned December capital return of $0.03 per common share.
Two non-core asset sales generated $9.6 million, reducing abandonment and reclamation obligations by $10.4 million.
Two additional wells are expected to enter production before year-end, subject to rig and oilfield services availability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ROK Resources Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610141700ACCESSWRNAPR_____1236952) on October 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ROK Resources Projects Year-End 2026 Adjusted Net Surplus of $6.4 Million

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