Rok Resources, Inc. Class B · TSXV:ROK
Rok Resources, Inc. Class B — Investor Presentation (December 2024)
23 slides from Rok Resources, Inc. Class B's investor presentation, December 2024
Slide 1: Investor Presentation December 2024
INVESTOR PRESENTATION December 2024 A prospect-oriented oil & gas company, well-positioned to capitalize on the current commodity cycle TSX.V:ROK | OTCQB:ROKRF
Slide 2: Experienced Leadership Team
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 Chairman & oil & gas exploration and development. Since grad
Slide 3: 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 Previous Experience 4 Successive Company E
Slide 4: Company Profile | Capitalization
Company Profile | Capitalization Capitalization Summary 50-day Moving Average (December 15, 2024) $0.18 TSXV: ROK Basic Shares 218.4mm Management & Board Public Warrants1 (ROK.WT) (Strike Price $0.25) 113.1mm ~17% Options (Average Strike Price $0.27) 20.3mm Fully Diluted Shares 351.9mm Market Capita
Slide 5: Company Profile | Snapshot
Company Profile | Snapshot 2024E Highlights 4,000 (66% liq.) $29.8 $20.0 $12.6 Average Production Funds From Operations1 Capex Exit Net Debt (boe/d) ($ million) ($ million) ($ million) Corporate Announcements Production Profile (Current Field Production) Kaybob 4,100 boe/d Preliminary 1,100 boe/d Te
Slide 6: Company Profile | Corporate Guidance
Company Profile | Corporate Guidance 2023 ACTUALS 2024E FORECAST Q4/2023 Full Year 2023 H1 2024 H2 2024E1 2024E1 Average Production 4,210 boe/d 3,876 boe/d 4,100 boe/d 3,900 boe/d 4,000 boe/d Funds from Operations2 $9.9mm $37.3mm $15.0mm $14.8mm $29.8 mm General & Admin Expenses $1.9mm $5.6mm $2.4mm
Slide 7: YTD Drilling Results – Southeast Saskatchewan HZ Wells
YTD Drilling Results – Southeast Saskatchewan HZ Wells • 6 Frobisher wells + 1 Midale well drilled in 2024 • Average IP30 & IP60 (Bopd) outperforming internal type curves by ~20% • Successful multi-lateral Midale location drilled in Q4 2024 7 TSX.V: ROK
Slide 8: Locations | Asset Overview
Locations | Asset Overview ROK Lands Corporate Gross Acres: 358,630 Net Acres:168,470 Saskatchewan Gross Acres: 282,200 Net Acres: 122,424 >75% Crown Acreage Robust portfolio of prime acreage in core regions offers significant upside potential with numerous accretive drilling opportunities 8 TSX.V:
Slide 9: 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 & Midale 84 81% 80 Alameda Gle n Ewen Frobisher & Midale 17 96% 17 Workman/ Frobisher & Midale 19 64% 5 Gainsborough Cardium, Montney, Kaybob Gethin
Slide 10: Southeast SK Assets | Frobisher
Southeast SK Assets | Frobisher Analogous Frobisher Production vs. Reserve & Forecast Curves US$70 WTI / US$80 WTI / US$90 WTI / $3 AECO $3 AECO $3 AECO Daily Oil Production (Bopd) DCE cost $1.3mm $1.3mm $1.3mm 350 EUR 68 mbbl 68 mbbl 68 mbbl NPV10% $1.2mm $1.8mm $2.4mm 300 Reserves Type Curve IRR (
Slide 11: Southeast SK Assets | Midale
Southeast SK Assets | Midale Analogous Frac'd Midale Production vs. Reserve & Forecast Curves US$70 WTI / US$80 WTI / US$90 WTI / $3 AECO $3 AECO $3 AECO Daily Oil Production (Bopd) DCE cost $1.9mm $1.9mm $1.9mm 300 EUR 75 mbbl 75 mbbl 75 mbbl NPV10% $0.9mm $1.5mm $2.2mm 250 Reserves Type Curve IRR
Slide 12: Why Invest in ROK Resources
Why Invest in ROK Resources We have consistently hit our targets and delivered results in line with our long-term strategy. We will continue to work hard to deliver material value to shareholders. Strong Substantial Potential Free Proven Conservative High Quality Long-Term Cash Flow Management Lever
Slide 13: Lithium Exploration | Overview
Lithium Exploration | Overview Lithium Land Positions ROK’s lithium diversification is a highly opportunistic strategy, with access to untapped lithium properties in Saskatchewan Land Positions • ROK is a 17% shareholder and manager of operations of EMP Metals Corp. (CSE:EMPS)1 • 259 mg/l, the highe
Slide 14: Lithium Exploration | Preliminary Economic Assessment – Peer Comparison
Lithium Exploration | Preliminary Economic Assessment – Peer Comparison Our PEA results are best-in-class and rank Hub City Lithium’s resource as a leader amongst its peers Grade (mg/l Li) OPEX (US$/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
Slide 15: Analyst Coverage | Independent Research
Analyst Coverage | Independent Research Kirk Wilson, CFA Christopher True Managing Director, Research (Energy) Equity Research Analyst kwilson@beaconsecurities.ca ctrue@viiicapital.com Bill Newman, CFA Adam Gill Vice President & Senior Analyst Director, Energy Research bnewman@researchcapital.com ad
Slide 16: 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 17: ROK Resources Inc. contact
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 18: Appendix
APPENDIX 18 | TSX.V: ROK
Slide 19: Appendix I | Board of Directors
Appendix I | Board of Directors Cameron Taylor Chairman & Chief Executive Officer 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 Ni
Slide 20: Appendix II | December 31, 2023 Reserves Summary
Appendix II | December 31, 2023 Corporate Reserves Summary PDP PROB 5.8mmboe 7.7mmboe (27%) (36%) Oil Vol. Gas Vol. NGL Vol. Total Vol. Liquids NPV-1 0 % mbbl Mmcf mbbl mboe % $mm PUD+PDNP 7.6mmboe (36%) PDP 2,722 14,345 659 5,772 59% $44 PDP 1P 7,275 27,196 1,591 13,399 66% $ 1 30 $44mm PROB (19%)
Slide 21: Appendix III | Kaybob Assets
Appendix III | Kaybob Assets Kaybob assets offer significant upside potential with rising commodity prices 21 TSX.V: ROK
Slide 22: Appendix IV | Kaybob Cardium
Appendix IV | Kaybob Cardium Analogous Cardium Production vs Reserve & Forecast Curves US$80 WTI / US$90 WTI / US$100 WTI / $3 AECO $3 AECO $3 AECO Daily Oil Production (Bopd) DCE cost $3.2mm $3.2mm $3.2mm 400 EUR 125 mbbl 125 mbbl 125 mbbl 350 NPV10% $2.3mm $3.3mm $4.3mm Reserves Type Curve IRR (B-
Slide 23: Appendix V | Hedging Contracts (Quarterly Summary)
Appendix V | Hedging Contracts (Quarterly Summary)1 WTI Swaps AECO Swaps Quarter bbl/d C$/bbl mmbtu/d C$/mmbtu Q4-24 1,539 $99.31 5,397 $2.84 Q1-25 1,510 $96.22 5,000 $3.22 Q2-25 1,352 $97.72 5,070 $2.66 Q3-25 1,238 $94.65 4,192 $2.19 Q4-25 1,154 $93.43 3,765 $2.84 Q1-26 276 $94.62 1,416 $3.37 Q2-26
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