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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 > Income tax assets greater than the value of the SP
View:
Post by lifeisgood1010 on Feb 29, 2024 1:00pm

Income tax assets greater than the value of the SP

I always put my money were my mouth is.

Bought 1100 more.When you see Desjardins on the buy side tell you that
it could be Lifeisgood.

Now at 81,200, i will take my time to get to 100,000.

Who knows maybe i get lucky and can get the balance at an even cheaper price.

At 64 years of age and having investing since the age of 18, i have seen
many crazy bargain like that in my life.

This on is one of the good one.

I will repeat myself, it may take a few months, maybe a year but this will be 
a very successful investment.
Comment by pennydredful on Feb 29, 2024 3:35pm
One  for  you  to consider :   Enterprise Group   ticker E    TSX    .  I  recently  participated in  their  recent  financing  .  They  have  a presentation on  their   website.  Note  the  high  quality  of  their  clients.  in  the& ...more  
Comment by lifeisgood1010 on Feb 29, 2024 4:31pm
Thanks, will look it up and do my DD Have a good evening
Comment by Possibleidiot01 on Mar 01, 2024 4:20pm
Your two investments have something in common ; Enterprise's recent secondary offering done to pursue low emission market. Besides the efficiency of drill pads, the company’s fleet is further equipped to minimize emissions with 25 rigs capable of running on highline electricity. This means they can source power from a utility provider, virtually eliminating drilling emissions compared with ...more  
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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