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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 > On day....
View:
Post by lifeisgood1010 on Jul 25, 2024 3:22pm

On day....

there will be an end to the selling from the customer at NA.
Coupled with 11 to 12 rigs working in both CDN and in the USA by the
end of August and it will/ could be the start to my anticipated huge uptrend

Recent Trades - Last 10 of 31
Time ET Ex Price Change Volume Buyer Seller Markers
14:57:18 H 1.38 -0.02 900 1 Anonymous 80 National Bank K
14:57:18 T 1.38 -0.02 7,900 85 Scotia 80 National Bank K
14:57:18 U 1.38 -0.02 200 2 RBC 80 National Bank K
14:56:59 T 1.39 -0.01 800 9 BMO Nesbitt 80 National Bank K
14:55:22 T 1.39 -0.01 4,200 9 BMO Nesbitt 80 National Bank K
14:55:22 T 1.39 -0.01 200 79 CIBC 80 National Bank K
14:55:22 T 1.39 -0.01 1,600 2 RBC 80 National Bank K
13:54:44 M 1.39 -0.01 11 2 RBC 1 Anonymous E
13:54:44 X 1.39 -0.01 100 1 Anonymous 2 RBC K
13:54:44 X 1.39 -0.01 100 1 Anonymous 2 RBC K
Comment by oilisswell on Jul 25, 2024 11:55pm
Just goes to show that a smaller company like Akita with corresponding low share volume is not where one should invest large sums of money as exiting one's position can be difficult. However a nice profit can be had on a smaller position with a bit of patience. Akitta should do very well moving forward as oil and gas remain in demand. 
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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