ROK Resources Files Financial Results for the Second Quarter of 2025

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES

REGINA, SK / ACCESS Newswire / August 14, 2025 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK)(OTCQB:ROKRF) has filed its interim Financial Results and Management Discussion & Analysis for the six months ended June 30, 2025.

Q2 2025 Financial and Operating Highlights

The Company remained on strategy and budget for Q2 2025 with Funds Flow of $9.0 million, used to increase working capital surplus and pursue the Normal Course Issuer Bid ("NCIB").

• Production in line with forecast: quarterly production averaged 3,729 boepd (65% liquids).

• Working Capital Surplus: Adjusted Net Surplus of $3.8 million as compared to $10.6 million of Adjusted Net Debt at year-end 2024.

• Initiated and Executed NCIB: Including July trading, the Company repurchased and cancelled a total of 1,171,000 common shares at an average price of $0.19 per share leaving 218,598,315 common shares issued and outstanding.

Operations Update

The Company plans to initiate a three well capital program in Q3 2025 targeting two low-cost re-entries and the drilling of an open hole Midale multi lateral well. The balance of the 2025 development program is expected to commence in Q4 2025. The Company maintains flexibility to facilitate strategic growth when appropriate amid ongoing pricing volatility.

Q2 2025 Financials

The Company will continue to prioritize maintaining stable production with Funds Flow directed to increasing working capital surplus and/or be used to facilitate the purchase and cancelation of its outstanding common shares, as defined by the NCIB.

1. Non-cash revenue derived from management fees that are recognized over time from deferred revenue is excluded from processing and other income for the calculation of Funds from Operations.

Complete reports and statements are available on SEDAR+ at www.sedarplus.ca and on the Company website www.rokresources.ca.

Normal Course Issuer Bid

The Company began an NCIB to purchase and cancel up to 10% of its outstanding Public Float (as such term is defined in the policies of the TSX Venture Exchange) during a one-year period from the date of acceptance of the NCIB from the TSX Venture Exchange. The Company has repurchased and cancelled a total of 1,171,000 common shares at an average price of $0.19 per share from the commencement of the NCIB on June 24, 2025, through the end of July 2025, leaving 218,598,315 common shares issued and outstanding.

About ROK

ROK is primarily engaged in exploring for petroleum and natural gas development activities in Alberta and Saskatchewan. It has offices located in both Regina, Saskatchewan, Canada and Calgary, Alberta, Canada. ROK's common shares are traded on the TSXV Venture Exchange under the trading symbol "ROK".

For further information, please contact:

Bryden Wright, President and Chief Executive Officer
Jared Lukomski, Senior Vice President, Land & Business Development
Phone: (306) 522-0011
Email: investor@rokresources.ca
Website: www.rokresources.ca

Non-IFRS Measures

The non-IFRS measures referred to above do not have any standardized meaning prescribed by IFRS Accounting Standards ("IFRS") and, therefore, may not be comparable to similar measures used by other companies. Management uses this non-IFRS measurement to provide its shareholders and investors with a measurement of the Company's financial performance and are not intended to represent operating profits nor should they be viewed as an alternative to cash provided by operating activities, net income or other measures of financial performance calculated in accordance with IFRS. The reader is cautioned that these amounts may not be directly comparable to measures for other companies where similar terminology is used.

"Operating Income" is calculated by deducting royalties and operating expense from total sales revenue. Total sales revenue is comprised of oil and gas sales. The Company refers to Operating Income expressed per unit of production as an "Operating Netback". "Operating Income Profit Margin" is calculated by the Company as Operating Income as a percentage of oil and natural gas sales. "Funds from Operations" is calculated by adding other income and realized gains/losses on commodity contracts ("hedging") to Operating Income. "Funds from Operations Profit Margin" is calculated by the Company as Funds from Operations as a percentage of oil and natural gas sales.

The following table reconciles the aforementioned non-IFRS measures: