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 > Akita Drilling Ltd. Price Target Raised to C$3.75/Share

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Comment by lifeisgood1010on May 08, 2024 7:24am

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Post# 36028343

RE:RE:Akita Drilling Ltd. Price Target Raised to C$3.75/Share

Thanks Blindpig for the info. on ATB involvement with Akita

Couldn't agree more with all of your comments.

For Akita to be bettter valued at least one of the things you have mentionned will have to
happen.

In the mean time, i will say it again, my investment in Akita, is stuck in the mud.

It will require patience and that i have a lot.

Have a nice day.

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