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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.


TSX:ACX - Post by User

ACT Energy Technologies Ltd
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Comment by C32BTTon Sep 16, 2019 2:53pm
101 Views
Post# 30132365

RE:RE:RE:$100 Oil? Drone Strikes Halt Half Of Saudi Crude Production

RE:RE:RE:$100 Oil? Drone Strikes Halt Half Of Saudi Crude ProductionSome other producer will take their place and try to take market share from the Saudi just because it would be a good oppurtunity to do so.  It's simple economics.  Once the Saudi facilities are back online, what do you think will happen to the price? It's going to end up lower than before because they pumped more.  And, besides all this pumping you do isn't doing this comapny any good it still loses money even at $70 like before.  
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