AKITA is a premier oil and gas drilling contractor with a fleet of 37 drilling rigs. AKITA provides drilling services through two geographical segments: Canada and the United States (“US”). With a fleet of 20 drilling rigs, AKITA’s Canadian division operates in Alberta, British Columbia, Saskatchewan, and from time to time, in the Yukon and the Northwest Territories. The Canadian division operates both wholly-owned rigs and rigs that are partially owned by AKITA and First Nations, Metis or Inuit partners through joint venture agreements including: Akita Mistiyapew Aski Drilling Ltd., Akita Equtak Drilling Ltd., and Akita Wood Buffalo Drilling Ltd., each of which has defined geographical boundaries. With a fleet of 17 drilling rigs, AKITA’s US division conducts operations in Colorado, Wyoming, Texas, New Mexico, North Dakota, and Oklahoma.



Contact Information
Darcy Reynolds Vice President, Finance and Chief Financial Officer

Latest

May 13, 2020, 20:05 ET AKITA Drilling Ltd. Announces Director Election Results

CALGARY, May 13, 2020 /CNW/ - AKITA Drilling Ltd. announces director election results from its 2020 annual meeting of shareholders held May 12, 2020. The following nominees, listed in the information ...

May 07, 2020, 19:04 ET AKITA Drilling Ltd. confirms virtual delivery of Annual Meeting of Shareholders

CALGARY, May 7, 2020 /CNW/ - ("AKITA" or "the Company", TSX: AKT.A, AKT.B) reminded shareowners today that it will be holding its upcoming annual meeting of shareholders (the "Meeting") online via...

May 05, 2020, 17:00 ET AKITA announces first quarter results

CALGARY, May 5, 2020 /CNW/ - AKITA Drilling Ltd. (TSX: AKT.A) AKITA Drilling Ltd. ("the Company") announces results for the first quarter ended March 31, 2020. Revenue of $53,572,000 in the first...

Mar 05, 2020, 18:43 ET AKITA announces the continuation of its rig relocation plan to the US and annual results

CALGARY, March 5, 2020 /CNW/ - AKITA Drilling Ltd. (TSX: AKT.A) AKITA Drilling Ltd. ("the Company") moved an AC pad heavy double drilling rig out of Canada to the Permian Basin in January of 2020,...

Dec 23, 2019, 16:51 ET AKITA Drilling Ltd. announces amendments to credit facility

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES/ CALGARY, Dec. 23, 2019 /CNW/ - AKITA Drilling Ltd. (TSX:AKT.A; TSX:AKT.B) ("AKITA" or the "Company") ...

Oct 30, 2019, 18:07 ET AKITA announces third quarter results and the continuation of its US division consolidation plan

CALGARY, Oct. 30, 2019 /CNW/ - AKITA Drilling Ltd. (TSX: AKT.A) AKITA Drilling Ltd. ("the Company") announces that its focus on consolidation of its US operations continues with four more drilling...

Sep 26, 2019, 16:55 ET AKITA Drilling Ltd. Comments on Unusual Market Activity

CALGARY, Sept. 26, 2019 /CNW/ - AKITA Drilling Ltd. (TSX: AKT.A; TSX: AKT.B) ("AKITA") is issuing this news release in light of unusual trading activity related to the Class A Non-Voting Shares of...

Jul 31, 2019, 20:00 ET AKITA prioritizes debt reduction and announces second quarter results

AKITA Drilling Ltd. (TSX: AKT.A) CALGARY, July 31, 2019 /CNW/ - AKITA's Board of Directors has elected to suspend the Company's dividends on its Class A Non-Voting and Class B Common Shares in light...

May 16, 2019, 12:34 ET AKITA Drilling Ltd. Announces Director Election Results

CALGARY, May 16, 2019 /CNW/ - AKITA Drilling Ltd.'s announces director election results from its 2019 annual meeting of shareholders held May 14, 2019. The following nominees, listed in the...

May 01, 2019, 20:23 ET AKITA's Acquisition of Xtreme Results in Improved Performance in the First Quarter of 2019

AKITA Drilling Ltd. (TSX: AKT.A) CALGARY, May 1, 2019 /CNW/ - AKITA's September 11, 2018 acquisition of US based Xtreme Drilling Corp. ("Xtreme") and the strategy to integrate the two companies into...

May 01, 2019, 18:38 ET AKITA Declares Quarterly Dividend

CALGARY, May 1, 2019 /CNW/ - AKITA Drilling Ltd.'s Board of Directors approved the payment of a quarterly dividend to shareholders. AKITA Drilling Ltd.'s Board of Directors approved an ordinary cash...

Mar 05, 2019, 21:06 ET AKITA Drilling Ltd. Releases Year-End Results

CALGARY, March 5, 2019 /CNW/ - AKITA Drilling Ltd.'s net loss for the year ended December 31, 2018 was $15,939,000 (net loss of $0.65 per share (basic and diluted)) on revenue of $118,361,000...

Mar 05, 2019, 18:08 ET AKITA Declares Quarterly Dividend

CALGARY, March 5, 2019 /CNW/ - AKITA Drilling Ltd.'s Board of Directors approved the payment of a quarterly dividend to shareholders. AKITA Drilling Ltd.'s Board of Directors approved an ordinary...

Nov 09, 2018, 17:15 ET AKITA Declares Quarterly Dividend

CALGARY, Nov. 9, 2018 /CNW/ - AKITA Drilling Ltd.'s Board of Directors approved the payment of a quarterly dividend to shareholders. AKITA Drilling Ltd.'s Board of Directors approved an ordinary cash ...

Nov 05, 2018, 21:02 ET AKITA Drilling Ltd. Announces Year-to-Date Earnings and Cash Flow

CALGARY, Nov. 5, 2018 /CNW/ - AKITA Drilling Ltd.'s net loss for the three months ended September 30, 2018 was $5,459,000 (net loss of $0.24 per share basic and diluted) on revenue of $22,465,000...

Sep 11, 2018, 17:50 ET AKITA Drilling Ltd. Xtreme Drilling Corp. Announce Completion of Plan of Arrangement

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, Sept. 11, 2018 /CNW/ - AKITA Drilling Ltd. (TSX:AKT.A; TSX:AKT.B) and Xtreme Drilling Corp....

Aug 23, 2018, 19:48 ET AKITA Declares Quarterly Dividend

CALGARY, Aug. 23, 2018 /CNW/ - AKITA Drilling Ltd.'s Board of Directors approved the payment of a quarterly dividend to shareholders. AKITA Drilling Ltd.'s Board of Directors approved an ordinary...

Aug 15, 2018, 19:00 ET AKITA Drilling Ltd. and Xtreme Drilling Corp. Announce Shareholder and Court Approval of Plan of Arrangement

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, Aug. 15, 2018 /CNW/ - AKITA Drilling Ltd. (TSX:AKT.A; TSX:AKT.B) and Xtreme Drilling Corp. ...

Jul 27, 2018, 17:46 ET AKITA Drilling Ltd. Announces Year-to-Date Earnings and Cash Flow

CALGARY, July 27, 2018 /CNW/ - AKITA Drilling Ltd.'s net loss for the three months ended June 30, 2018, was $2,959,000 (net loss of $0.16 per share basic & diluted) on revenue of $17,293,000 compared ...

Jun 05, 2018, 08:30 ET AKITA Drilling Ltd. and Xtreme Drilling Corp. Announce Strategic Business Combination

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, June 5, 2018 /CNW/ - AKITA Drilling Ltd. (TSX:AKT.A; TSX:AKT.B) and Xtreme Drilling Corp....

May 10, 2018, 16:49 ET AKITA Drilling Ltd. Announces Director Election Results

CALGARY, May 10, 2018 /CNW/ - AKITA Drilling Ltd.'s announces director election results from its 2018 annual meeting of shareholders held May 8, 2018. The following nominees, listed in the...

May 09, 2018, 11:33 ET AKITA Declares Quarterly Dividend

CALGARY, May 8, 2018 /CNW/ - AKITA Drilling Ltd.'s Board of Directors approved the payment of a quarterly dividend to shareholders. AKITA Drilling Ltd.'s Board of Directors approved an ordinary cash...

Apr 27, 2018, 17:17 ET AKITA Drilling Ltd. Announces Year-to-Date Earnings and Cash Flow

CALGARY, April 27, 2018 /CNW/ - AKITA Drilling Ltd.'s net loss for the three months ended March 31, 2018 was $1,912,000 (net loss of $0.11 per share basic and diluted) on revenue of $27,089,000,...

Mar 07, 2018, 18:40 ET AKITA Drilling Ltd. releases year-end results

CALGARY, March 7, 2018 /CNW/ - AKITA Drilling Ltd.'s net loss for the year ended December 31, 2017 was $39,177,000 (net loss of $2.18 per share (basic and diluted)) on revenue of $71,198,000 compared ...

Mar 07, 2018, 16:32 ET AKITA Declares Quarterly Dividend

CALGARY, March 7, 2018 /CNW/ - AKITA Drilling Ltd.'s Board of Directors approved the payment of a quarterly dividend to shareholders. AKITA Drilling Ltd.'s Board of Directors approved an ordinary...

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