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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 > Rig counts increasing!
View:
Post by Angles on Jul 15, 2024 10:29pm

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!
 
Comment by Daudau11 on Jul 17, 2024 4:47pm
According to RBC, WCSB (Western Canadian Sedimentary Basin) rig count up another 9 w/w to 209. I hope this is helping Akita!! 
AKITA Drilling Ltd
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CANADIAN RIGS U.S. RIGS PRESENTATION SENIOR EXECUTIVE TEAM INDIGENOUS PARTNERS ESG FINANCIALS

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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