TYPE SECTION HEAD HERE On the cover: Rig 20, one of AKITA’s  pad rigs drilling in  Farrell Creek, B.C.  Photo credit: F. Biggeman Above: Rig 8, drilling near  Chauvin, Alberta.  Photo credit: F. Biggeman Opposite: AKITA is committed  to responsible  management of  environmental issues  and to providing a  healthy and safe  environment for its  employees.  Photo credit: F. Biggeman From time to time AKITA Drilling Ltd. (“AKITA” or the “Company”) makes written and verbal forward-looking  statements. These forward-looking statements include but are not limited to comments with respect to our  objectives and strategies, financial condition, the results of our operations and our business, our outlook  for our industry and our risk management discussion. Forward-looking statements are typically identified  with words such as “believe”, “expect”, “forecast”, “anticipate”, “intend”, “estimate”, “plan” and “project”  and similar expressions of future or conditional events such as “will”, “may”, “should”, “could” or “would”. By their nature these forward-looking statements involve numerous assumptions, inherent risks and  uncertainties, both general and specific, and the risk that predictions and other forward-looking statements  will not be achieved. We caution readers of this Annual Report not to place undue reliance on these forward- looking statements as a number of important factors could cause actual future results to differ materially  from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking  statements. Forward-looking statements may be influenced by the following factors: the level of exploration and  development activity carried on by AKITA’s customers, world oil and North American natural gas prices,  weather, access to capital markets and government policies. We caution that the foregoing list of important  factors is not exhaustive and that when relying on forward-looking statements to make decisions with respect  to AKITA, investors and others should carefully consider the foregoing factors as well as other uncertainties  and events. Additional information about these and other factors can be found under the “Business Risks and Risk  Management” section of the Management’s Discussion and Analysis of this 2013 Annual Report for AKITA. 1 AKITA DRILLING LTD.  ANNUAL REPORT Forward-looking Statements