Rok Resources, Inc. Class B · TSXV:ROK
Rok Resources, Inc. Class B — Investor Presentation (April 2025)
26 slides from Rok Resources, Inc. Class B's investor presentation, April 2025
Slide 1: Investor Presentation April 2025
INVESTOR PRESENTATION April 2025 A prospect-oriented oil & gas company, well-positioned to capitalize on the current commodity cycle TSX.V:ROK | OTCQB:ROKRF
Slide 2: Company Profile | Snapshot
Company Profile | Snapshot 2024 Highlights 4,000 (66% liq.) $31.4 $17.4 0.3x Average Production Funds From Operations1 Capex Net Debt to Funds from Ops. (boe/d) ($ million) ($ million) (x times) Recent Announcements Production Profile (Current Field Production) Kaybob 3,900 boe/d 1,200 boe/d (64% li
Slide 3: Company Profile | Capitalization
Company Profile | Capitalization Capitalization Summary 50-day Moving Average (April 1, 2025) $0.17 TSXV: ROK Basic Shares 219.8 mm Management & Board Options (Average Strike Price $0.27) 19.0 mm ~17% Fully Diluted Shares 238.8 mm Market Capitalization (Basic) $37.4 mm Market Capitalization (Fully D
Slide 4: Solid Track Record of Execution and Value Creation
Solid Track Record of Execution and Value Creation Management brings a solid track record of execution and value creation through the development, from infancy to the successful divestitures, of four successive companies generating shareholder returns of 3x Management Track Record 4 Successive Compa
Slide 5: Saskatchewan Core Area Consolidation
Saskatchewan Core Area Consolidation Consolidated land position pieced together through five separate acquisitions, with value created section by section Inception – 2022 2023 2024 2,500 Average SK Gross Daily Production (boe/d) 2,000 1,500 1,000 500 0 Jun 2020 Dec 2020 Jun 2021 Dec 2021 Jun 2022 De
Slide 6: Company Profile | 2025E Corporate Guidance
Company Profile | 2025E Corporate Guidance US$70 WTI US$80 WTI C$2.00 AECO C$2.25 AECO Budget Highlights New Wells 9.2 16.7 • Focus on Southeast Saskatchewan light oil prospects with development commencing late Q2 2025 Average Production 3,900 boe/d 4,250 boe/d • Approx. 75% of capex allocated to dr
Slide 7: Half Cycle Reserve Type Curve Economics
Half Cycle Reserve Type Curve Economics Glen Ewen/Steelman Pinto Dodsland US$70 WTI US$80 WTI US$70 WTI US$80 WTI US$70 WTI US$80 WTI C$2.50 AECO C$2.50 AECO C$2.50 AECO C$2.50 AECO C$2.50 AECO C$2.50 AECO Formation Frobisher Frobisher Midale Midale Viking Viking Well length 2 Legs 2 Legs Multi Leg
Slide 8: Locations | High Quality Drilling Inventory
Locations | High Quality Drilling Inventory Booked Target Gross # Drilling Core Area1 Formations Sections Avg WI% Locations1,2,3 Pinto/Oxbow/ Frobisher & 83 82% 75 Alameda Midale Frobisher & Gle n Ewen 14 96% 15 Midale Workman/ Frobisher & 27 66% 5 Gainsborough Midale ALAMEDA Cardium, Montney, Kaybo
Slide 9: 2024 Drilling Results | Southeast Saskatchewan HZ Wells
2024 Drilling Results | Southeast Saskatchewan HZ Wells • 6 Frobisher wells + 1 Midale well drilled in 2024 • Average IP30 & IP60 (boe/d) outperforming internal type curves by ~20% • Successful multi-lateral Midale location drilled in Q4 2024 9 TSX.V: ROK
Slide 10: Core Assets | Pinto Midale Open Hole Multi-Laterals (OHML)
Core Assets | Pinto Midale Open Hole Multi-Laterals (OHML) • Drilling inventory has been reconfigured to optimize the expected economic benefit of 2 - 4 leg wells • Bulk of costs incurred to initial casing point whereby adding extra legs has high probability to increase rates of return • Current opt
Slide 11: Core Assets | Frobisher Multi-Laterals
Core Assets | Frobisher Multi-Laterals • Unlock increased rates of return with 2 - 4 legs per well • Enhance expedited payouts with half cycle economics • Delineate staked targets 11 TSX.V: ROK
Slide 12: Core Assets | Stacked Potential
Core Assets | Stacked Potential Steelman Frobisher & State A Pinto Midale Vuggy & Marly Primary Target Secondary Target Glen Ewen Midale & Frobisher Workman – Winmore Frobisher & Alida 12 TSX.V: ROK
Slide 13: Core Assets | OHML Unlocks Value & Inventory
Core Assets | OHML Unlocks Value & Inventory Well Type Frac’d OHML1 Frac’d OHML1 Wells per Section 5 3 Capital ($mm) $1.6 $1.4 NPV 10 ($mm) $1.5 $2.2 IRR (%) 103% 166% 1 2 3 4 5 1 2 3 Payout (years) 1.1 0.8 • OHML has royalty incentive to 56 mbbl • Cost savings opportunities from reduced surface req
Slide 14: Reserves Summary | December 31, 2024
Reserves Summary | December 31, 2024 Corporate Reserves Summary 1 PDP 5.5mmboe Prob. (26%) 7.9mmboe (37%) Oil Vol. Gas Vol. NGL Vol. Total Vol. Liquids NPV-1 0 % mbbl Mmcf mbbl mboe % $mm PUD+PDNP 7.8mmboe (37%) PDP 2,744 12,837 576 5,459 61% $44 PDP 1P 7,535 25,686 1,448 13,264 62% $ 1 34 $44mm (18
Slide 15: Hedging Contracts
Hedging Contracts WTI Swaps AECO Swaps Quarter bbl/d C$/bbl1 mmbtu/d C$/mmbtu1 Q2-25 1,352 $97.72 5,070 $2.66 Q3-25 1,238 $94.65 4,676 $2.15 Q4-25 1,154 $93.43 4,463 $2.81 Q1-26 1,026 $92.58 4,594 $3.17 Q2-26 260 $93.46 1,348 $2.47 Average 1,090 $95.06 4,191 $2.78 1. Prices are average for each peri
Slide 16: Catalysts | Why Invest in ROK Resources
Catalysts | Why Invest in ROK Resources We have consistently hit our targets and delivered results in line with our long-term strategy. We will continue to work hard to deliver material value to shareholders in 2025 and beyond. Strong Substantial Potential Free Proven Conservative High Quality Long-
Slide 17: Analyst Coverage | Independent Research
Analyst Coverage | Independent Research Kirk Wilson, CFA Bill Newman, CFA Adam Gill Managing Director, Research (Energy) Vice President & Senior Analyst Director, Energy Research kwilson@beaconsecurities.ca bnewman@researchcapital.com adam.gill@ventumfinancial.com 17 TSX.V: ROK
Slide 18: Disclaimer | General Advisory
Disclaimer | General Advisory This presentation includes information that constitutes “forward-looking information” or “forward-looking statements”. More particularly, this presentation contains statements by ROK Resources Inc. (“ROK” or the “Company”) concerning expectations regarding the successfu
Slide 19: ROK Resources Inc. contact details
ROK Resources Inc. 1911 Broad Street Regina, SK S4P 1Y1 Phone: (306) 522-0011 Email: investor@rokresources.ca Website: www.rokresources.ca TSX.V:ROK | OTCQB:ROKRF
Slide 20: Appendix
APPENDIX 20 | TSX.V: ROK
Slide 21: Appendix I | Experienced Leadership Team
Appendix I | Experienced Leadership Team Co-founder of ROK Resources Inc., former President and CEO of Villanova 4 Oil Corp., Villanova Cameron Taylor Oil Corp. & Villanova Resources Inc. Mr. Taylor is a geoscientist with over 30 years of experience in Executive Chairman oil & gas exploration and de
Slide 22: Appendix II | Board of Directors
Appendix II | Board of Directors Cameron Taylor Executive Chairman Geoscientist with over 30 years of international O&G experience with Pan Orient Energy, Orion Securities, Jeffrey Chisholm Bow Valley Energy, Canadian Occidental Petroleum (Nexen), PanCanadian Petroleum (Encana) and Niko Independent
Slide 23: Appendix III | Asset Overview
Appendix III | Asset Overview Corporate Gross Acres: 356,123 Net Acres:168,413 Saskatchewan Gross Acres: 279,687 Net Acres: 122,363 >75% Crown Acreage Robust portfolio of prime acreage in core regions offers significant upside potential with numerous accretive drilling opportunities 23 TSX.V: ROK
Slide 24: Appendix IV | Kaybob Assets
Appendix IV | Kaybob Assets Alber ta Gross Acres: 75,394 Net Acres:46,024 Kaybob assets offer significant upside potential with rising commodity prices 24 TSX.V: ROK
Slide 25: Appendix V | Lithium Exploration
Appendix V | Lithium Exploration ROK’s lithium diversification is a highly opportunistic strategy, with access to untapped Lithium Land Positions lithium properties in Saskatchewan • ROK is a 17% shareholder and manager of operations of EMP Metals Corp. (CSE:EMPS)1 Land Positions • EMPS has >200k ac
Slide 26: Appendix VI | Preliminary Economic Assessment – Peer Comparison
Appendix VI | Preliminary Economic Assessment – Peer Comparison Our PEA results are best-in-class and rank Hub City Lithium’s resource as a leader amongst its peers Grade (mg/l Li) OPEX (US$/tonne) 128 $6,807 105 75 74 70 $3,899 $3,656 $3,319 $2,819 Hub City Lithium Peer 1 Peer 2 Peer 3 Peer 4 Peer