Cathedral Energy Services Ltd CETEF

Primary Symbol: T.CET

Energy Oil & Gas Drilling

Cathedral Energy Services Ltd. is a Canada-based company, which operates in the United States (U.S.) under Discovery Downhole Services, a division of Cathedral Energy Services Inc., Altitude Energy Partners, LLC and Rime Downhole Technologies, LLC. The Company is involved and engaged in the business of providing directional drilling services to oil and natural gas companies in Western Canada and the U.S. Its services include directional drilling, drilling optimization, well planning and automated gamma services (AGS) and remote drilling. Its products include nDURANCE MOTORS, Measurement While Drilling (MWD), FUSION and RapidFire. Its MWD sensors collect data used to determine basic trajectory parameters, such as inclination, direction, and tool-face orientation. Its FUSION family OF MWD tools include FUSION Dual Telemetry (DT), FUSION WPR (Wave Propagation Resistivity), FUSION Gamma Ray (GR) and The Hawk. Its RapidFire family of MWD tools include RapidFire Pulse and RapidFire DT.

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Cathedral Energy Services Ltd > one line says it all in press release

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Comment by auburn2on Aug 14, 2020 10:44pm

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Post# 31411601

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:one line says it all in press release

I just focus on small areas of life. I'm not concerned with all the losers or the details of situations I don't care to follow. Regarding the recovery, see this:
"Click" Natural Gas becoming critical: https://www.investorvillage.com/groups.asp?mb=19168&mn=285748&pt=msg&mid=21027993

Natural gas is showing robust strength, and these services companies aren't exclusively leveraged to oil companies. Bigger capex budgets for natural gas producers should lift the services names, and the market is forward looking, so it can happen quickly.

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