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 > Auburn2 / Adonis1411

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Comment by auburn2on Oct 24, 2020 6:20am

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Post# 31776067

RE:RE:RE:RE:Auburn2 / Adonis1411

Correction: the enterprise value would still be under $140 million at $2.80 because of the surplus of current assets against company liabilities, so even $2.80 would not be high enough per your metric if they can simply consistently generate the EBITDAS they acheived in the financials ending March 31 of 2017. Short poisition at October 15, just 8,279 shares short, meaning just 0.02%.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle