03:37 PM EST - AKITA Drilling Ltd. : said its net income for the three months ended June 30, 2012 was $2,092,000 ($0.12 per share) on revenue of $43,784,000 compared to $1,498,000 ($0.08 per share) on revenue of $31,651,000 for the corresponding period in 2011. Funds flow from operations for the quarter ended June 30, 2012 was $8,364,000 compared to $3,239,000 in the corresponding quarter in 2011. AKITA Drilling Ltd.
shares T.AKT.A are trading up $0.24 at $10.20.