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.

TSX:AKT.A - Post by User

AKITA Drilling Ltd > Eric Nuttall - Drilling Companies

<< Previous

Bullboard Posts

Next >>

Comment by blindpigon Apr 17, 2024 5:05am

230 Views

Post# 35993117

RE:RE:RE:RE:Eric Nuttall - Drilling Companies

I looked at Total and thought the same thing myself. Lol I'd be good with an all stock deal. I own 1.5% of Akita and not looking to exit the business, but to be in a larger dividend paying company. I'm from Calgary and would attend their AGM and give management a grilling on the subject, but I'm outside of Canada until June. My shares are non voting so carry no weight, but at least they'd get that shareholders aren't happy. I hope some of them read this BB.

<< Previous

Bullboard Posts

Next >>

Walmart stock and revenue both on the rise