AKITA Drilling Ltd T.AKT.A

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

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.

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AKITA Drilling Ltd > Eric Nuttall - Drilling Companies

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Comment by Angleson Apr 17, 2024 4:05am

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Post# 35993100

RE:RE:RE:Eric Nuttall - Drilling Companies

You know who I think would be strongly interested in buying AKITA (if Southern family was on board) would be Savanna Drilling which is owned by Total Energy Services - TOT. It would probably be an all stock deal but I feel that company is managed very well, pays a regualr dividend, could really use the tax losses carried forward and plus, it would fit pretty well with their current operations. Just my opinion, but a great idea for all parties concerned I think, if the exchange was correct.

Angles

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