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 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

AKITA Drilling Ltd

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Post by lifeisgood1010on Feb 07, 2024 12:20pm

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Post# 35867726

EV 1/4 of estimated asset value(Typo)

I did a typo on my previous post

I should have written

At $1.50, Akita's EV is $3.15 or one fourth(1/4) of it's asset estimated value.This is amazing

Instead of writing

At $1.50, akita EV is $3.15 or one fourth(1/4) of it's EV.This is amazing

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Advancing flagship Ishkõday Gold Project in Ontario