ROK Resources Announces Return of Capital and Expanded 2026 Drilling Program
ROK Resources announced a $0.03 per share return of capital payable in December 2026, funded in part by $9.6 million from the sale of two non-core assets. The dispositions also cut abandonment and reclamation obligations by $10.4 million, a 16% reduction, while the company expanded its 2026 drill program to 12 gross wells with two additional high-impact wells onstream before year-end. Updated 2026 guidance calls for $23.4 million of capex, 3,025 boepd average production, $28.8 million of funds from operations, and a $6.4 million Adjusted Net Surplus at year-end.
Key figures
- Guidance
- 2026: 12 gross (10.9 net) wells, capex $23.4M, avg production 3,025 boepd, funds from operations $28.8M, Adjusted Net Surplus $6.4M at YE 2026
- Deal Value Usd
- $9.6 million
- Aro reduction
- $10.4 million (16% YoY)
- Hedge coverage
- 35% of base oil production, 600 bbls/d collar CA$115.00-CA$140.10 for Nov 2026-Mar 2027
- Wells on production
- 9 gross (7.9 net)
- Wells drilled to date
- 10 gross (8.9 net)
- Emp metals stake value
- $7.0 million
- Production additions 30d
- 675 boepd (88% liquids)
- Return of capital per share
- $0.03
- Max return of capital per share
- $0.05
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