ROK Resources (TSE:ROK) has released an update.
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ROK Resources Inc. has announced its H2 2024 guidance, focusing on enhancing shareholder value by developing conventional light oil prospects in Southeast Saskatchewan, with a strategic reduction in capital expenditures and a stable balance sheet. The company projects an average daily production increase to 4,150 boepd and expects to maintain a healthy debt to cash flow ratio, while intensifying drilling activities in their core operating areas.
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