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Cathedral Energy Services Ltd T.CET

Alternate Symbol(s):  CETEF

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.


TSX:CET - Post by User

Cathedral Energy Services Ltd
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Post by a1broker1on Nov 27, 2017 5:34pm
301 Views
Post# 27041686

WILKS BROTHERS huge ownership...takeover?

WILKS BROTHERS huge ownership...takeover?
With the latest purchases, the Wilks brothers/family own well in excess of 5 million shares.   Creeping takeover, or activist shareholders aiming to inflitrate the board and urge the company be put up for sale.  If oil resumes its uptrend, and if Cathedral is put in play, the share price could easily rise to $4.00 to $5.00, especially as Cathedral is debt free and highly specialized.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities