Akita Drilling Ltd

AKT NPV B
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Sell3.43 CAD
Buy3.72 CAD
0.18 CAD (4.88%)
Last updated today at 22:33 UTC
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Company Information

About this company

AKITA Drilling Ltd. is a Canadian oil and gas drilling contractor with a fleet of 32 drilling rigs. The Company provides contract drilling services through two geographical segments: Canada and the United States (US). The Company's United States fleet operations base is in Midland, Texas and is comprised of 13 high specification AC triple rigs, one high specification AC double rig and one direct current (DC) triple rig, primarily serving the Permian Basin. Its Canadian division operates in Alberta, British Columbia and Saskatchewan. AKITA's Canadian division primarily operates in the oil sands, heavy oil regions and the Montney gas basin. With a fleet of 17 rigs, the Company’s Canadian division operates in Alberta, British Columbia and Saskatchewan. It also operates a fleet of six triple drilling rigs in the Western Canadian Sedimentary Basin, five of which are high-specification AC walking rigs.

Key people

Linda A. Southern-Heathcott
Executive Chairman of the Board
Colin A. Dease
President and Chief Executive Officer
Nancy C. Southern
Deputy Chairman of the Board
Darcy Reynolds
Vice President - Finance and Chief Financial Officer
Jackson Riddell
Director
James Hendry T. Riddell
Director
Robert W. Symonds
Director
Loraine M. Charlton
Independent Director
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Key facts

  • Shares in issue
    36.58m
  • EPIC
    AKT.A
  • ISIN
    CA0099052098
  • Location
    Canada
  • Sector
    Energy
  • Industry
    Oil Well Services & Equipment
  • Market cap
    CA$131.18m
  • Employees
    1,000
  • Exchange
    Toronto Stock Exchange
  • Index

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