ROK Resources Projects Year-End 2026 Adjusted Net Surplus of $6.4 Million
Bitget2026/10/14 21:01- 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: 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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