ROK Resources (TSE:ROK) has released an update.
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ROK Resources Inc. has reported robust drilling results for 2024, including the drilling of highly productive oil wells in Saskatchewan and the discovery of three new fields, positioning the company for increased production and reserves. Additionally, ROK has adjusted its 2024 guidance, reducing capital expenditures by 17% amidst market volatility, while only experiencing a minor 4% drop in production forecasts.
For further insights into TSE:ROK stock, check out TipRanks’ Stock Analysis page.
