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FAST-MOVING, HIGH-PERFORMANCE DRILLING RIGS
Leading intermediate North American land drilling contractor



Bullboard - Investor Discussion Forum AKITA Drilling Ltd T.AKT.A

Alternate Symbol(s):  AKTAF | T.AKT.B

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 lifeisgood1010on Mar 07, 2024 1:20pm

Drillers are gaining traction

Drillers are starting to be noticed. ESI had a nice move after they reported their Q4 results. They are presently up another 4.5% this morning. It's only a matter of time before we see the same ...more  
Post by lifeisgood1010on Mar 07, 2024 11:23am

Source impairment charge reversal = $9.38 / share

For those who remmber,Akita recorded an asset impairment charge of $80,000,000 in 2020. It was the covid year and activity level had drop to record low of 13% in Canada. Last night, Souce energy ...more  
Comment by Torontojayon Mar 07, 2024 6:45am

RE:Revisiting a Robert Tattersall column from November , 2022

I remember  you posted that article on the Essential Energy board. I was fortunate to have purchased ESN during the early covid years with a purchase price as low as 13 cents and a sale at around ...more  
Post by Possibleidiot01on Mar 06, 2024 9:37pm

Revisiting a Robert Tattersall column from November , 2022

I don't know of anybody here ,remembers the original article or this followup article from the Globe and Mail. All of these stocks are trading for less now than the price then except for two ...more  
Post by lifeisgood1010on Mar 06, 2024 12:36pm

Investing is a process, it take time....

Some investors think that they can time the market.A quote i like to remember myself is   It’s not timing the market that counts, it’s time in the market.   When will Akita be ...more  
Post by lifeisgood1010on Mar 06, 2024 9:24am

Permian

I forgot to mentionned this. Right now, 14 of the 15 riigs that Akita has are located in the Permian.The more infrastructure in the Permian, the better it could be for oil company.The better for oil ...more  
Post by lifeisgood1010on Mar 06, 2024 9:20am

Q4 results and 3 rigs drilling for Cenovus not 2

Every morning on Baystreet.ca web site there is a list of all TSX company reporting for the day. Akita is not on today's list so i cannot confirm the date of Q4 reporting .I forgot to ask the ...more  
Post by Possibleidiot01on Mar 05, 2024 9:19pm

recent posts

There have been a number of tremendously good posts here lately by a number of people especially lifeisgood1010 but also torontojay and ykzsh8 . Thought it deserved to recognized. That's it. PI01
Post by lifeisgood1010on Mar 05, 2024 1:07pm

Cenovus.Good news for Akita

Cenovus announcement could be good news for Akita because it does a lot of drilling for them Currently, Akita has 2 rigs drilling for Cenovus. Cenovus Energy announced plans to spend an extra $500 ...more  
Post by lifeisgood1010on Mar 05, 2024 12:44pm

A good read.Buy on weakness

Not on strenght. Just came across a good article on emotional investing. Stocks do not go straight up but investors love to chase stocks that try. This chasing of strength, buying when ...more  
Comment by oilinvestor2022on Mar 05, 2024 11:24am

RE:RE:Earnings Release is it tonight or before markets open?

Thanks Lifeisgood!!!  Happy investing!!! :)
Comment by lifeisgood1010on Mar 05, 2024 11:22am

RE:Earnings Release is it tonight or before markets open?

Good morning Oil, From what i found, there are two site that give EPS and sales estimates Earning date on the investing.com web site as Akita reporting this coming Wednesday. It is not said if it ...more  
Post by lifeisgood1010on Mar 05, 2024 8:48am

35 = 2 and Occidental Petroleum

Ykzsh8 and Torontojay, your post are must read post not only by novice investors but also by experiences one. Ykzsh8, you may be only starting in the investment arena, but you are surely a fast ...more  
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Investor Presentation

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Akita Drilling Ltd. With CEO - Colin Dease & CFO Darcy Reynolds

Investment Opportunity

Leading Intermediate North American Land Drilling Contractor

14 high-spec drilling rigs
operating exclusively in the
US Permian Basin

17 Canadian drilling rigs primary tailored for oilsands development and a growing deep gas presence

Value of rigs almost 7x market cap

Free Cash Flow of $21 million generated in the first half of 2023



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Contact Us

Shareholders and security analyst inquiries should be directed to:
Darcy Reynolds
– Vice President, Finance and Chief Financial Officer

1000, 333 – 7th Ave SW
Calgary, Alberta T2P 2Z1
Phone: (403) 292-7537
Email: darcy.reynolds@akita-drilling.com