Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

AKITA Drilling Ltd T.AKT.B


Primary Symbol: T.AKT.A Alternate Symbol(s):  AKTAF

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

Post by lifeisgood1010on Nov 20, 2024 9:19am
50 Views
Post# 36321416

Drilled but uncompleted wells.Henry Hub at $3.13

Drilled but uncompleted wells.Henry Hub at $3.13Many thanks for the video link.I had not seen it.

It does confirm my views about Akita firing from all cylinders on both side
of the border with 13 rigs in CDN and 13 in the USA.

Henry hub gas price is currently at $3.13.that a lot better than the recent $2 to $2.25
Our AECO is at $1.75 after being below 60 cents

Operating days in Canada was
649 in Q1
473 in Q2
698 in Q3

When i leave for vacation on Dec. 3rd
Akita will have reach more than 700 days

They will end up at more than 860 days in Canada and probably more in the USA

Thanks for the wishes.On vacation, i have a look at closing price of my position but that's it.

Have a nice holiday period and once again thanks for the C.Dease video


<< Previous
Bullboard Posts
Next >>