ACX Stock Discussion

ACT Energy Technologies Ltd. Description

ACT Energy Technologies Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning and rotary steerable services. The company also offers mud motors, MWD technology solutions, rotary steerable systems, drilling motors and components, and downhole technology products. It is also involved in the operation of real-time operations centers, that offers continuous monitoring, collaboration, and optimization services; and provision of equipment rental, training, maintenance, and repair services. The company was formerly known as Cathedral Energy Services Ltd. and changed its name to ACT Energy Technologies Ltd. in July 2024. ACT Energy Technologies Ltd. was founded in 1998 and is headquartered in Calgary, Canada.

Sector: Energy
Industry: Oil & Gas Drilling
Keywords: Oil Natural Gas Petroleum Production Technology Solutions Directional Drilling Repair Services Well Drilling Measurement While Drilling