Indigenous Partners

Indigenous Partners:
A Company Cornerstone

We’ve been building meaningful joint venture relationships with Canada’s First Nations, Inuit and Métis since 1983 and these relationships have become an integral part of our business. We continue to be committed to fostering strong, successful relationships with local Indigenous communities with ties to the land where resources are being developed.

These ventures are guided by our core values of integrity, respect and commitment. We work to create fair and profitable opportunities that will directly benefit AKITA, our Indigenous partners and their communities. This includes offering equity ownership in the drilling rigs we operate, creating opportunities for employment, providing ongoing training and supporting other spinoff business ventures.

Together, AKITA and our partners directly benefit economically through joint equity in rig ownership, and today more than 20 different Indigenous groups hold equity investments in our rigs. Every joint venture offers ownership interest in a rig, with ownership interests ranging from 5% to 50% per Indigenous group per rig. Further, every one of our Indigenous partners is granted the opportunity to purchase an ownership interest in each wholly owned AKITA rig operating within the established joint venture area. Our current active joint ventures are:

Akita Wood Buffalo Drilling Ltd.

Our most active joint venture encompasses the Rural Municipality of Wood Buffalo (which includes the Fort McMurray-oil-sands) and involves the Chipewyan Prairie First Nation, Fort McMurray 468 First Nation, Fort-McKay Métis Local, Fort Chipewyan Métis Local and Conklin Métis Local. These five Indigenous groups partially own AKITA Rigs 25, 26, 27 and 28.

Akita Mistiyapew Aski Drilling Ltd.

Our newest joint venture, established in 2018, between AKITA and Saulteau First Nations, residing near Chetwynd BC, on the Montney-play. AKITA Rig 56 is partially owned by Saulteau First Nations.

Akita Equtak Drilling Ltd.

Our oldest joint venture, established in 1983 between AKITA and the Inuvialuit Development Corporation representing the Inuvialuit peoples of the Northwest Territories. AKITA Rig 61 is partially owned by the Inuvialuit Development Corporation.

Inquiries & Additional Information

We welcome the opportunity to respond to your questions or concerns relating to AKITA or the opportunity to joint venture with AKITA. For more information, please contact Clayton Bourque or Colin Dease.

Clayton Bourque
Vice President, Business Development
Email: clayton.bourque@akita-drilling.com

Phone: (720) 647-4705

Colin Dease
President and Chief Operating Officer
Email: colin.dease@akita-drilling.com

CALGARY

1000, 333 7 AVENUE SW, CALGARY, AB T2P 2Z1 CANADA
Phone: (403) 292-7979

DENVER

216 16 STREET, STE 1400, DENVER, CO 80202 USA
Phone: (720) 647-4700

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