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ACT Energy Technologies Ltd
6030, 3rd Street SE
Phone: (403) 265-2560p:403 265-2560 CALGARY, AB  T2H 1K2  Canada Ticker: ACXACX
Business Summary
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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/202412/31/2023Yes---Yes

Industries
SIC Code Description
1381 Drilling oil and gas wells
7389 Business services, not elsewhere classified
1389 Oil and gas field services, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Roderick D.Maxwell 10/26/2022 6/27/2002
President, Chief Executive Officer, Director Thomas J.Connors 3/8/2021 3/8/2021
Interim Chief Financial Officer Peter S.Macfarlane 1/13/2023 12/18/2009
8 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Compass Directional Services Ltd Calgary AB Canada
Valiant Energy Services Ltd. 240057 Frontier Cres Rocky View AB Canada
Rime Downhole Technologies, LLC 501 Winscott Rd Benbrook TX United States

Business Names
Business Name
ACX
Cathedral Energy Services Inc.
Cathedral Energy Services Ltd.
6 additional Business Names available in full report.

General Information
Number of Employees: 320 (As of 12/31/2023)
Outstanding Shares: 37,328,486 (As of 7/5/2024)
Shareholders: 152
Stock Exchange: TSE
Fax Number: (403) 262-4682


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Friday, July 26, 2024