Paramount Resources Announces Completion of Distribution of AKITA Drilling Shares

Paramount Resources Ltd. ("Paramount") (TSX:POU) has completed the previously announced dividend in kind to its shareholders of 19,264,270 common shares of AKITA Drilling Ltd. ("AKITA Shares").

A transformational drilling deal with long-term potential

The Canadian drilling sector is entering a new chapter of consolidation, scale, and operational efficiency—and one recently ...

AKITA Drilling Ltd.: Akita Announces Completion Of Acquisition Of Fox Drilling And Elimination Of Dual Class Share Structure

CALGARY, AB, June 30, 2026 /CNW/ - AKITA Drilling Ltd. (TSX: AKT.A) (TSX: AKT.B) AKITA Drilling Ltd. ("AKITA" or the "Company") is pleased to announce the closing ...
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Paramount Resources Announces Closing of Fox Drilling Sale, Distribution of AKITA Drilling Shares and Successful Startup of Alhambra Expansion

Paramount received 19,264,270 voting common shares of AKITA ("AKITA Shares") as consideration for the sale of its Fox Drilling subsidiary (the "Transaction"), representing approximately 33.5% of the ...
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AKITA ANNOUNCES COMPLETION OF ACQUISITION OF FOX DRILLING AND ELIMINATION OF DUAL CLASS SHARE STRUCTURE

AKITA Drilling Ltd. ("AKITA" or the "Company") is pleased to announce the closing of its previously announced acquisition (the "Acquisition") of Fox Drilling Limited Partnership and its general ...