ROK Resources completed the acquisition of certain oil & gas assets in Saskatchewan and Alberta from Federated Co-operatives for $72m.

ROK Resources completed the acquisition of certain oil & gas assets in Saskatchewan and Alberta from Federated Co-operatives for $72m. "The Acquisition materially transforms ROK's financial and operational strength through the addition of a high-quality, low decline, environmentally sustainable, oil-weighted asset base that is expected to generate substantial free funds flow at current commodity prices. Weyburn is a world-class asset capable to organically fund what we have identified as a deep inventory of drilling opportunities at Southeast Saskatchewan and Kaybob, and we expect it will uniquely position ROK to be a net-negative CO2 emitter by 2023," Cameron Taylor, ROK Chairman and CEO.