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Bullboard - Stock Discussion Forum AKITA Drilling Ltd T.AKT.B

Primary Symbol: T.AKT.A Alternate Symbol(s): AKTAF

Energy Oil & Gas Drilling

AKITA Drilling Ltd. provides contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The Company is an oil and gas drilling contractor with a fleet of about 32 drilling rigs. Its United States fleet is supported out of its operations base in Midland, Texas and consists of 13 high specification AC triple rigs, one high specification AC double rig and... see more

Bullboard (TSX:AKT.A)

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Post by Hockeyzon Jun 20, 2024 10:33pm

Akita Drilling: Top 10 Undervalued Micro Cap Stocks on TSX

https://www.theglobeandmail.com/investing/markets/stocks/AKT-A-T/pressreleases/26842495/akita-drilling-top-10-undervalued-micro-cap-stocks-on-tsx-akt-a/

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Comment by Hockeyzon Jun 20, 2024 12:07am

RE:RE:RE:RE:RE:RE:Question please

Hi auburn2. Actually, I never said anything about having to urgently buy 250,000 Akita shares. All I said was that to buy, say 250,000 Akita shares, would take over 20 full days (even over a number of ...more

113

Discussion

Energy Co Unveils Q3 2024 Results: Record Growth & Strategic Expansion

posted Nov 21, 2024 9:00am by Coelacanth Energy Inc.

In Q3 2024, Coelacanth started the construction of its planned $80.0 million infrastructure project that includes over 35 kilometers of pipelines and a facility to handle current behind pipe volumes and future expansions. Ultimately the facility will be able to handle approximately 16,000 boe/d of which Coelacanth has approximately 4,400 boe/d tested but shut-in at the 5-19 Two Rivers East pad ...read more

Comment by auburn2on Jun 18, 2024 6:51pm

RE:RE:RE:RE:RE:Question please

You make it seem like just one out of those 8 directors with next to no shares would have to urgently buy 250,000+ shares. Reality is they've been at the company many years. Buying 10,000 shares ...more

127

Discussion

Comment by pennydredfulon Jun 17, 2024 11:34pm

RE:RE:RE:RE:RE:Question please

Perhaps people are told from the get go they are there to meet compliance requirements not build share ...more

109

Discussion

Comment by Hockeyzon Jun 17, 2024 2:13pm

RE:RE:RE:RE:Question please

Akita trades about 25,000 to 30,000 shares per day. In order to establish a meaningful position (for a wealthy person) of at least say 250,000 Akita shares, a person would have to buy every share ...more

133

Discussion

Comment by pennydredfulon Jun 16, 2024 4:48pm

RE:RE:RE:RE:Question please

Its easier to be a yes man if you have no shares perhaps that is what the ...more

Discussion

Comment by auburn2on Jun 15, 2024 3:03pm

RE:RE:RE:Question please

Only 1 of 9 directors has meaningful shareholdings. The directors are all very senior executives with plenty of money. They know more about this company than would any of us outsiders. Therefore, if ...more

136

Discussion

Comment by lifeisgood1010on Jun 13, 2024 7:39am

RE:RE:Question please

Once again, very good post Hockeyz. Thanks for the quality of your posts same for Blindpig. Akita rig number 26 as been retrofit to gas drilling ans as been drilling for Shell I was just ready this ...more

112

Discussion

Comment by pennydredfulon Jun 12, 2024 10:51pm

RE:RE:More consolidation in the industry needed

May need to be more of a merger . Stampede Drilling could be a candidate . There needs to be a ...more

Discussion

Comment by blindpigon Jun 12, 2024 7:45pm

RE:More consolidation in the industry needed

This would be my first question to the bod if they didn't just have virtual annual meetings. They seem to be talking more about being the aquirer than the aquiree. Not sure how that is ...more

Discussion

Post by pennydredfulon Jun 12, 2024 3:08pm

More consolidation in the industry needed

I wonder where Akita stands re that . Obviously a road they have been down ...more

151

Discussion

Comment by pennydredfulon Jun 12, 2024 2:59pm

RE:RE:Question please

One pundit believes solar will replace gas and in particular US govt has been throwing a lot ...more

Discussion

Comment by Hockeyzon Jun 12, 2024 2:57pm

RE:Question please

Yes, aeco pricing is currently at $0.80Cdn. per gigajoule. But, as per the bottom chart in your link, Aeco futures pricing is ramping up to $3 in January’2025 and for the next 3-4 years (at ...more

128

Discussion

Comment by lifeisgood1010on Jun 12, 2024 6:56am

RE:Question please

Good morning Angles, Akita is much more tilted to oil then gas.Recently they have converted one rig(number 26) to gas. It has been drilling for Shell for the past few months.I know they are in the ...more

111

Discussion

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Bullboard - Stock Discussion Forum AKITA Drilling Ltd T.AKT.B

Primary Symbol: T.AKT.A Alternate Symbol(s): AKTAF

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