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Rock Energy Inc. Details Financial Updates

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May 15, 2014

On May 12, Rock Energy Inc. (TO: RE.TO) increased its capital spending guidance for the rest of 2014, and also provided its financial results for first-quarter 2014. The quarter ended March 31, the company said.

The quarter’s gross capex was $22.9 million, the company said. Of that amount, $1.43 million went to drilling, $4.4 million went to facilities, $1.6 million went to land and seismic and $9.9 million went to acquisitions, the company added. The total amount was offset by $7.3 million of divestitures, the company noted.

Regarding the remainder ...

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