Mining and Minerals Today Issue 103 July 2024 | Page 30

ROK Resources _________________________________________________________________________________________________
drill three wells , one of which is a one-mile horizontal well targeting the lithium-rich brine in the upper Duperow Formation . Following the drilling , we will test a highconcentration zone to gather pressure , flow rate , and concentration data that will be used in future reservoir modeling . Additionally , we are conducting a front-end engineering design study , which may be employed in a definitive feasibility study at a later stage .
Optimizing operations
“ On the oil and gas front , our drilling program commenced in late May 2024 , and we are planning to drill between six and eight wells throughout the remainder of the year . In addition , we have allocated funds for a series of well reactivations and optimizations . More specifically , this means that we will be installing casing compressors on several southeast Saskatchewan oil properties . So far , we have successfully completed around a dozen of these installations , and we are very happy with the resulting production increases ,” he emphasizes .
When it comes to its supply network , ROK prioritizes several key factors to foster positive and long-standing working relationships , namely mutual respect , honesty and communication . As Bryden points out , “ These qualities are no different than those most people seek in personal relationships . We firmly believe in being sincere and forthright with each of our vendors and service providers , and we expect the same level of integrity in return .”
Before concluding our conversation , Bryden lays out his vision for the business in five years ’ time . “ I could see us continuing to operate and expand our oil and gas business . Better yet , we might have sold our current venture and started another company similar to ROK within five years . Indeed , given our history , I doubt anyone would be surprised to see us running another company five years from now ,” he ends .
By committing to environmentally responsible operations , forging strategic partnerships , and fostering a culture of innovation , ROK is well-positioned to further strengthen its expertise in conventional resources while supporting the communities in which it operates . With clear goals of sustainability and value creation , the company ’ s future looks promising . ■
www . rokresources . ca
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