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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 > Rig counts increasing!
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Post by Angleson Jul 15, 2024 10:29pm
237 Views
Post# 36134027

Rig counts increasing!

Rig counts increasing!
189 Active Rigs! - Canada Rig Count Update
The latest numbers from Baker Hughes reveal are up 14 from last week to 189, with oil rigs up 11 to 126, gas rigs up 3 to 63.
Install Rig Finder App: https://hlbwh.app.link/rigfinder
Explore further:
Baker Hughes (Web): https://bit.ly/3BbavpD

This could account for recent strength in PD should help AKT.A as well!
 
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