Bay Street News

AKITA Drilling Ltd. releases year-end results

CALGARY, March 3, 2016 /CNW/ – AKITA Drilling Ltd.’s net loss for the year ended December 31, 2015 was $33,965,000 (net loss of $1.89 per share (basic and diluted)) on revenue of $112,488,000 compared to net income of $21,079,000 or $1.17 per share (basic and diluted) on revenue of…