Mr. Bryden Wright reports
ROK RESOURCES FILES 2025 FINANCIAL RESULTS AND MANAGEMENT DISCUSSION & ANALYSIS
Rok Resources Inc. has filed its annual financial results and management discussion and analysis for the year ended Dec. 31, 2025.
2025 financial and operating highlights:
- Working capital surplus: adjusted net surplus of $4.5-million, as compared with $10.6-million of adjusted net debt at previous year-end;
- Realized commodity hedge gains: realized net hedge gains on commodity contracts of $7.2-million with the company currently approximately 90 per cent unhedged and exposed to spot pricing;
- Strong base production: daily average production of 3,591 barrels of oil equivalent per day (boepd) (66 per cent liquids) despite limited operational activity;
- Executed NCIB (normal course issuer bid): repurchased and cancelled a total of 2,005,500 common shares at an average price of 19.2 cents per share;
- Funds from operations: funds from operations of $27.4-million in line with forecast.
The company has also filed its annual oil and gas disclosure documents, including the statements and reports required under National Instrument 51-101, Standards of Disclosure for Oil and Gas Activities. All filings will be made available on SEDAR+ and on the company website.
Normal course issuer bid renewal
The company intends to renew its normal course issuer bid (NCIB), which allows for the cancellation of up to 10 per cent of its outstanding public float (as such term is defined in the policies of the TSX Venture Exchange) during a one-year period from the date of acceptance of the NCIB from the TSX Venture Exchange. The existing NCIB expires on June 9, 2026.
About Rok Resources Inc.
Rok is primarily engaged in petroleum and natural gas exploration and development activities in Alberta and Saskatchewan. It has offices located in both Regina, Sask., Canada, and Calgary, Alta., Canada. Rok's common shares are traded on the TSX Venture Exchange under the trading symbol ROK.
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