/R E P E A T -- Akita announces management change/
May 19, 2009
CALGARY, May 15 /CNW/ - AKITA Drilling Ltd. today announced the retirement of John Hlavka as Chief Executive Officer of the Company. The Board of Directors has appointed its President and Chief Operating Officer, Karl Ruud, to the new role of President and Chief Executive Officer. Mr. Hlavka will continue to serve on the Board of Directors. These actions are effective June 30, 2009. Mr. Hlavka, a veteran of the Canadian drilling industry for over six decades, has had a distinguished career with AKITA since its inception. Mr. Ruud has extensive drilling experience in Canada and internationally and has also been with AKITA since the formation of the Company. Mr. Ruud has a broad range of experience in all aspects of AKITA's business. AKITA Drilling Ltd. is an Alberta Company engaged in the contract drilling business and its outstanding Class A Non-Voting Shares and Class B Common Shares are listed on the Toronto Stock Exchange under the symbols "AKT.A" and "AKT.B" respectively.
For further information:
For further information: Murray Roth, Vice President, Finance and Chief Financial Officer, AKITA Drilling Ltd., (403) 292-7950