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FAST-MOVING, HIGH-PERFORMANCE DRILLING RIGS
Leading intermediate North American land drilling contractor



Bullboard - Investor Discussion Forum AKITA Drilling Ltd T.AKT.A

Alternate Symbol(s):  AKTAF | T.AKT.B

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... see more

TSX:AKT.A - Post Discussion

AKITA Drilling Ltd > 1.6 Million Shares Traded Today
View:
Post by blindpig on Mar 28, 2022 9:01pm

1.6 Million Shares Traded Today

Hopefully this was the seller who kept dumping shares killing the recent rally. Back at $0.30 there were also a number of large block trades where the shares rallied soon afterwards.
Comment by EstevanOutsider on Mar 28, 2022 10:03pm
the ceo bought 1.6 million shares today from multiple sellers, most of them block trades from an anonymous. she took everything they would sell her today. almost all volume was linda southern.
Comment by blindpig on Mar 28, 2022 11:12pm
Bought personally by Linda Southern and not by the family trust.  The familiy trust owns 6 million shares so this is a large percentage increase in what the Southern's own.  First time in all the years I've owned this stock that a Southern has bought shares. That's got to be bullish.
Comment by Possibleidiot01 on Apr 06, 2022 6:11pm
Finally found an article for this.   Simply Wall St. Linda Southern-Heathcott Is The Executive Chair & CEO of AKITA Drilling Ltd. (TSE:AKT.A) And They Just Picked Up 4,935% More Shares  ...more  
Comment by viper2000 on Apr 08, 2022 3:18pm
good to hear! does anyone think akita can get back to 8 dollars like they were in 2017? nice move today on higher than normal volume
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Investor Presentation

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Akita Drilling Ltd. With CEO - Colin Dease & CFO Darcy Reynolds

Investment Opportunity

Leading Intermediate North American Land Drilling Contractor

14 high-spec drilling rigs
operating exclusively in the
US Permian Basin

17 Canadian drilling rigs primary tailored for oilsands development and a growing deep gas presence

Value of rigs almost 7x market cap

Free Cash Flow of $21 million generated in the first half of 2023



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Contact Us

Shareholders and security analyst inquiries should be directed to:
Darcy Reynolds
– Vice President, Finance and Chief Financial Officer

1000, 333 – 7th Ave SW
Calgary, Alberta T2P 2Z1
Phone: (403) 292-7537
Email: darcy.reynolds@akita-drilling.com