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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 > Akita Drilling Price Target Raised to C$3.75/Share
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Post by lifeisgood1010 on Jul 31, 2024 1:16pm

Akita Drilling Price Target Raised to C$3.75/Share

Obviously,there's the analyst at ATB Capital,myself and a handfull of small investors
who sees huge under appreciation in the value of this company.

The volume is low but again today, there are two customer hitting the bid.

It's once again National Bank(NA) and TD.

Until these 2 clients have finish their selling, there is no chance of Akita going up.

Today, it's all about Precision Drilling and Ensign.

It would have been nice to see Akita follow the other 2 but then again
i know that my shares in this company are worth well well more than
what they are trading at.

I am not the kind of investor looking for daily gratification and i am very
patient.

Whatever time it will take...I will be an Akita investor for as long as it take
to see this company trading at reasonable valuation.
Comment by auburn2 on Jul 31, 2024 2:51pm
Do you have access to the ATB report?
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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