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AKITA Drilling Ltd T.AKT.B


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

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 one DC triple rig, all serving the Permian Basin. With a fleet of 17 rigs, its Canadian division operates in Alberta, British Columbia, Saskatchewan, and as market conditions dictate, the Yukon and the Northwest Territories. The Canadian division operates both wholly owned rigs and rigs. Its Canadian division primarily operates in the oil sands, heavy oil regions and in the Montney deep gas basin. In addition, the Canadian division plays a role in drilling potash and other energy transition targets, including carbon capture wells, hydrogen storage wells and geothermal wells.


TSX:AKT.A - Post by User

Post by lifeisgood1010on Jan 26, 2024 10:37am
147 Views
Post# 35846964

Oil service sector...

Oil service sector...
One of the best sector once again this morning is the oil service sector.

Most stocks in this sector are on an uptrend, have broken their downtrend and /or at year high.

Some exemple,Precision drilling,Secure energy,Pason,Ensign,Cathedral,CES, Calfrac,Enerflex,Trican...

The cheapest of them all is my favorite and the one i own Akita will eventually be a big winner.

Akita being one of the smallest cap of them does not attract as much attention and buying.

But the value is there so, it's only a matter of time.

 
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