AKITA Drilling Ltd T.AKT.A

Alternate Symbol(s): T.AKT.B | AKTAF

Energy Oil & Gas Drilling

AKITA Drilling Ltd. is a Canada-based intermediate land drilling contractor. The Company and its subsidiaries provide contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The Company owns and operates 35 drilling rigs (33.65 net of joint venture ownership). The Company provides contract drilling services through two geographical divisions: Canada and the United States (US). With a fleet of 20 rigs, the Company’s Canada division operates in Alberta, British Columbia, Saskatchewan, and from time to time, in the Yukon and the Northwest Territories. The Canadian division operates both wholly owned rigs and rigs that are partially owned by the Company. US division conducts operations with a fleet of 15 rigs and operates in Texas and New Mexico in the Permian Basin.

TSX:AKT.A - Post by User

AKITA Drilling Ltd

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Post by threecpxon Mar 03, 2008 9:51am

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Post# 14584234

Pros and cons ?

Very quite board. Anyone care to discuss the pros and cons of this Co. ? Would like to hear thoughts on current rig count/usage and maintenance issue booking and any other related issues. Stock appearing as a buy candidate. Thanks,

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