Corporate Profile  AKITA Drilling Ltd. is a premier oil and gas  drilling contractor with drilling operations  throughout Western and Northern Canada.  The Company strives to be the industry leader in  customer relations, employee expertise, safety,  equipment quality and drilling performance. In addition  to conventional drilling, the Company specializes in  pad and other purpose-built drilling rigs and is active  in directional, horizontal and underbalanced drilling  providing specialized drilling services to a broad  range of independent and multinational oil and gas  companies. AKITA currently employs, at full operations,  approximately 900 people. The Company has ownership  in 38 drilling rigs in all depth ranges. Contents IFC Corporate Profile 2 2013 Operational Performance 3 Share Performance 4 Letter to the Shareowners 6 Management’s Discussion and Analysis of Financial Condition and Results of Operations  30 Management’s Responsibility for Financial Reporting  31 Auditors’ Report  32 Consolidated Financial Statements  37 Notes to Consolidated Financial Statements  65 10 Year Financial Review  IBC  Corporate Information The Annual General Meeting of Shareholders will be held at  10:00 a.m. on Tuesday, May 13, 2014 at the Westin Hotel, 320  – 4 th  Avenue S.W., Calgary, Alberta. Shareholders and other  interested parties are encouraged to attend. Annual Meeting