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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

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... see more

TSX:AKT.A - Post Discussion

AKITA Drilling Ltd > A picks-and-shovels oil stock in deep value territory
View:
Comment by pennydredful on Feb 29, 2024 7:23pm
Anyone  care  to  speculate  why  Akita   would commission  such  a report  ? 
Comment by Possibleidiot01 on Mar 01, 2024 4:09pm
As somebody who may be missing an opportunity here ( still pondering) , I'll take a stab at why. It can't be anything to do with the future NCIB ; why would drive up the price the company would have to pay? “The economics of building new equipment, considering that a new estimated AC triple rig build costs in excess of US$40 million, and the economics of most mergers, unless they are ...more  
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CANADIAN RIGS U.S. RIGS PRESENTATION SENIOR EXECUTIVE TEAM INDIGENOUS PARTNERS ESG FINANCIALS

Investor Presentation

View the Presentation

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