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ACT Energy Technologies Ltd V.ACX


Primary Symbol: T.ACX Alternate Symbol(s):  CETED

ACT Energy Technologies Ltd., formerly Cathedral Energy Services Ltd., is a Canada-based energy company. It is a partner to North American energy companies requiring high-performance directional drilling, measurement while drilling (MWD) and rotary steerable services, as well as in providing remote operations. It operates in Canada and in the United States as Altitude Energy Partners, and in the United States under Discovery Downhole Services and Rime Downhole Technologies. The Altitude Energy Partners specializes in providing solutions for the energy sector. Its directional drilling services includes mud motors, rotary steerable system (RSS), measurement while drilling (MWD), and real-time operations. The Discovery Downhole Services specializes in providing drilling solutions to meet clients' needs. The Rime Downhole Technologies is an engineering company specializing in crafting products for the downhole MWD industry. Its services include rentals, training, maintenance, and repairs.


TSX:ACX - Post by User

Post by fredskion May 29, 2012 9:57am
488 Views
Post# 19955530

Large crowd for Wayne County land lease meeting

Large crowd for Wayne County land lease meeting

Land grab accelerating all over the play. very good sign this basin is about to lift.

https://www.carmitimes.com/topstories/x358799159/Large-crowd-for-Wayne-County-land-lease-meeting

Posted May 25, 2012 @ 12:15 PM

According to WFIW radio in Fairfield, over 250 people turned out Tuesday night for an informational meeting about area oil companies seeking to lease land for the production of oil and gas in Wayne County. In the last 18 months, more than 800 oil and gas leases have been signed in Wayne County.

Producers are interested in utilizing horizontal drilling techniques and high pressure fracturing to produce natural gas from the New Albany Shale formation in Wayne County. The formation lies between 4,500 and 5,000 feet deep in Wayne County.

Speakers at Tuesday night's meeting at the First Christian Church in Fairfield included Laura Harmon, Assistant General Counsel with the Illinois Farm Bureau; Brad Richards, Executive Director of the Illinois Oil and Gas Association; Chris Penrose (pictured above speaking) and Clif Little, both Ohio State University Extension Educators and Associate Professors. An informational meeting earlier in the day in McLeansboro drew a crowd of about 100.

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