ACT Energy Technologies Ltd T.ACX

Alternate Symbol(s): CETEF

Energy Oil & Gas Drilling

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.

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ACT Energy Technologies Ltd

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Comment by ganja50on Feb 06, 2010 7:34pm

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Post# 16759618

RE: RE: RE: RE: RE: RE: RE: undervaluation

In the circular marking the transition of CET to a corporation they note that in light of the expenses involved in making the transition to a corporation, they are suspending the final dividend of 2009 but will pay a 6 cent dividend in April 2010 for the first quarter, 2010.

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