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ACT Energy Technologies Ltd T.ACX

Alternate Symbol(s):  CETEF

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

Bullboard Posts
Comment by LuckyLuchon Oct 26, 2017 1:05pm
425 Views
Post# 26863278

RE:RE:Wilks raises stake to 11.5%

RE:RE:Wilks raises stake to 11.5%Smells rather Wilks-ie but def. a slew of medium and small buyers have swarmed in as well.  Watch the insider filings on either saturday or monday morning to be sure. 

Congrats to those who built positions such as we did.  Bare minimum the stock should be trading at book value. 

CJ Energy services announced a deal to be a PE controlled cementing services co in Texas.  The m+a trend continues.   


LuckyLuch wrote: Fairly active buyer using the annom(house 1) tag, running into some sell action from GMP.  Smells like Wilks bro's 2 me.  



LuckyLuch wrote: Looks like our intuition proved correct as the Wilks bros added about 680k last wed+thurs.  Interesting to see, the guy using Cormark(73) is a new buyer who picked up about 800k(Wilks bros used Peters(house 77).  Onward march to 19.99%



https://www.canadianinsider.com/company?menu_tickersearch=cet

 




Bullboard Posts