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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 > Drilled but uncompleted wells.Henry Hub at $3.13
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Post by lifeisgood1010 on Nov 20, 2024 9:19am

Drilled but uncompleted wells.Henry Hub at $3.13

Many thanks for the video link.I had not seen it.

It does confirm my views about Akita firing from all cylinders on both side
of the border with 13 rigs in CDN and 13 in the USA.

Henry hub gas price is currently at $3.13.that a lot better than the recent $2 to $2.25
Our AECO is at $1.75 after being below 60 cents

Operating days in Canada was
649 in Q1
473 in Q2
698 in Q3

When i leave for vacation on Dec. 3rd
Akita will have reach more than 700 days

They will end up at more than 860 days in Canada and probably more in the USA

Thanks for the wishes.On vacation, i have a look at closing price of my position but that's it.

Have a nice holiday period and once again thanks for the C.Dease video
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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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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