ROK Resources reported an Adjusted Net Surplus of $9.9 million as of June 30, 2026, representing a 120% increase compared to the $4.5 million surplus recorded at December 31, 2025.

During the second quarter of 2026, oil and natural gas sales rose to $20.998 million, up from $16.641 million in the same period of 2025. Operating income climbed to $8.221 million over the quarter, compared to $3.540 million in Q2 2025. Average daily production for the second quarter stood at 3,037 barrels of oil equivalent per day, consisting of 67% liquids.

The financial position provides ROK with the flexibility to advance its organic development strategy while evaluating opportunities to enhance shareholder value. These potential initiatives include expanding or accelerating the drilling program, pursuing accretive acquisitions, repurchasing common shares under its normal course issuer bid, and considering other forms of capital return to shareholders, subject to market conditions and required approvals.

ROK is advancing its 2026 capital program in Southeast Saskatchewan, where it is currently drilling its seventh well. Three new wells added approximately 400 barrels of oil equivalent per day to the corporate production base for the month of August, with liquids accounting for 80% of the volume. This early production performance is exceeding the company type-curve expectations and has replaced the production sold in the asset disposition that closed in the third quarter of 2026 for $8.0 million in cash proceeds, subject to customary closing adjustments. That asset sale also reduced associated asset retirement obligations by approximately 16%.

ROK expects to bring its remaining drilled wells from the 2026 capital program on production in the coming weeks.

Read the full announcement: ROK Resources Files Financial Results and Management Discussion & Analysis for Second Quarter of 2026