AKITA Drilling Ltd. (ticker: AKT) and Xtreme Drilling Corp. (ticker: XDC) are combining under the AKITA name and will be operating 44 high-spec drilling rigs across multiple basins in the U.S. and Canada. The transaction value is approximately CAD$209 million, which includes CAD$10 million of Xtreme’s net debt. Per agreement terms, Xtreme shareholders will receive 0.29 of an AKITA class
Xtreme Drilling and Coil Services Reports Second Quarter 2015 Financial Results Xtreme Drilling and Coil Services Corp. (“Xtreme”, the “Company”) (TSX:XDC)announce second quarter 2015 financial and operating results. It is anticipated that filing will take place on SEDAR of unaudited Consolidated Financial Statements and Notes to the unaudited Consolidated Financial Statements as well as Management’s Discussion and Analysis for the
Xtreme Drilling and Coil Services Announces First Quarter Operations Update and Conference Call Details Xtreme Drilling and Coil Services (“Xtreme”, the “Company”) (TSX:XDC) is pleased to provide a first quarter operations update along with an announcement of the date for the Q1 2015 earnings release and conference call. First Quarter Update For the first quarter of 2015, Xtreme had total
