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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (9092)2/18/1998 7:29:00 PM
From: Arnie   of 15196
 
DIVIDEND / Akita DRilling Ltd.

CALGARY, Feb. 18 /CNW/ - AKITA Drilling Ltd.'s Board of Directors
approved the payment of a quarterly dividend to shareholders. AKITA Drilling
Ltd, declared an ordinary cash dividend of six cents ($0.06) per share on the
outstanding Class A Non-Voting and Class B Common shares of the Corporation
with a Record Date as at the close of business on March 20, 1998 and a payment
date of April 1, 1998.

AKITA is an Alberta corporation engaged in the contract drilling business
and is listed on the Toronto Stock Exchange under the symbol AKT.
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