Rock Energy Resources, Inc. (OTCBB: RCKE), today announced that the company has filed an application for approval to trade its common stock on the American Stock Exchange. The company is involved in the exploration, development and production of crude oil and natural gas. “The application for listing on the American Stock Exchange is a significant milestone for our company, and we are committed to working with the AMEX to meet its listing requirements,” said Rocky Emery, CEO of Rock Energy Resources.
Rock Energy also today announced that the company has entered into an agreement with Perm Energy Advisors Inc. for $40 million of equity financing, which will provide Rock Energy Resources, Inc. with the working capital needed for the next 12 months. “This is a big step for the company as we begin to execute our development plans for the California and Texas properties,” Rocky Emery added. In addition, the company is also working on other pertinent acquisitions to expand its reserve base and current cash flow.
Rock Energy was founded in 2004 as an oil and gas company based out of Houston, Texas. The company uses the latest technologies to seek untapped onshore natural gas and crude oil. Rock Energy Resources currently produces and sells natural gas and crude oil from Texas and California.
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