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Cathedral Energy Services Ltd. (T:CET)

Business Focus: Oil & Gas Drilling (NEC)

Mar 26, 2024 05:00 pm ET
Cathedral Energy Services Ltd. Reports 2023 Annual Results
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Nov 09, 2023 08:51 pm ET
Cathedral Energy Services Ltd. Reports Third Quarter Results
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Aug 10, 2023 07:03 pm ET
Cathedral Energy Services Ltd. Further Progresses Plan with Record Second Quarter
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA./
Jul 13, 2023 05:30 am ET
CATHEDRAL ENERGY SERVICES COMMENCES A NORMAL COURSE ISSUER BID
CALGARY, AB, July 13, 2023 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company") is pleased to announce that it has filed a notice with the Toronto Stock Exchange ("TSX") and received approval to purchase through the facilities of the TSX, other designated exchanges and/or alternative Canadian trading systems, up to 12,160,008, or 5%, of the 243,200,173 issued and outstanding Common Shares of the Company ("Common Shares") as of July 3, 2023. The price the Company will pay for any Common Shares acquired will be the market price at the time of acquisition. Purchases
Jul 11, 2023 05:54 pm ET
CATHEDRAL ENERGY SERVICES LTD. ANNOUNCES STRATEGIC ACQUISITION OF RIME DOWNHOLE TECHNOLOGIES, LLC
CALGARY, AB, July 11, 2023 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company") today announced the acquisition of Rime Downhole Technologies, LLC ("Rime"), through a wholly-owned subsidiary, for an aggregate purchase price of approximately USD$41 million (approximately CAD$55 million) comprised of USD$21 million cash and USD$20 million in subordinated exchangeable promissory notes ("EP Notes") that are exchangeable into a maximum of 24,570,000 common shares ("Common Shares") of Cathedral (the "Transaction").
May 12, 2023 05:00 am ET
May 08, 2023 05:00 am ET
CATHEDRAL ENERGY SERVICES ANNOUNCES PROCEEDS FROM WARRANT EXERCISE OF $ 16.0 MILLION
CALGARY, AB, May 8, 2023 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company" or "CET") is pleased to announce that the Company has received cumulative, aggregate proceeds of $ 16.0 million from the exercise of 18,837,888 common share purchase warrants that expired on April 25, 2023. The warrants had an exercise price of $0.85 and were issued in connection with Cathedral's $26.4 million bought deal financing that closed on April 25, 2022. Each full warrant entitled the holder to one common share in the Company upon exercise. Approximately 99.7% of outstanding warra
Apr 14, 2023 05:15 pm ET
Mar 30, 2023 11:55 pm ET
Cathedral Announces Delay in Filing its 2022 Annual Financial Statements
CALGARY, AB, March 30, 2023 /CNW/ - CATHEDRAL ENERGY SERVICES LTD. (TSX: CET) ("Cathedral" or the "Company") announced today that it will not be filing its annual financial statements, accompanying management's discussion and analysis and related chief executive officer ("CEO") and chief financial officer ("CFO") certifications and annual information form for the financial year ended December 31, 2022 (collectively, the "Annual Filings"), within the period prescribed for the filing of such documents under Parts 4, 5 and 6 of National Instrument 51-102 Continuous Disclosure Obligations and pu
Jan 13, 2023 07:00 pm ET
CATHEDRAL ENERGY SERVICES ANNOUNCES 2023 CORPORATE AND OPERATIONAL UPDATE
CALGARY, AB, Jan. 13, 2023 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company" or "CET") is pleased to announce a January 2023 corporate update, including its capital spending plans for the year and a management update. 
Jan 12, 2023 11:08 am ET
IIROC Trade Resumption - CET
TORONTO, Jan. 12, 2023 /CNW/ - Trading resumes in:
Jan 12, 2023 11:05 am ET
IIROC Trading Halt - CET
TORONTO, Jan. 12, 2023 /CNW/ - The following issues have been halted by IIROC:
Nov 14, 2022 04:50 pm ET
Oct 27, 2022 05:30 am ET
CATHEDRAL ENERGY SERVICES ACQUIRES THE CANADIAN DIRECTIONAL BUSINESS OF ENSIGN ENERGY SERVICES INC. AND FORMS STRATEGIC ALLIANCE
CALGARY, AB, Oct. 27, 2022 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company" or "CET") and Ensign Energy Services Inc. (TSX: ESI) are pleased to announce the acquisition of the operating assets and personnel of Ensign's Canadian directional drilling business (the "Transaction") by Cathedral for a purchase price of CAN$5.0 million. As part of the Transaction, Cathedral and Ensign have entered into a Marketing and Technology Alliance ("the Marketing Alliance") which will further help support and expand the customer base of both companies in the Canadian market. Th
Oct 26, 2022 05:07 pm ET
CATHEDRAL ENERGY SERVICES ANNOUNCES APPOINTMENT OF ROD MAXWELL AS EXECUTIVE CHAIR
CALGARY, AB, Oct. 26, 2022 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company" or "CET") is pleased to announce the appointment of Mr. Rod Maxwell as Executive Chair of the Company's Board of Directors effective immediately.  Mr. Maxwell has been a board member of Cathedral since 2000 and has held numerous board committee roles with Cathedral during that period.  Mr. Maxwell has decades of experience working in private equity, including as a founder of StoneBridge Equity Partners, and previously worked as a partner with KPMG Chartered Accountants in the Corporate
Aug 15, 2022 06:30 am ET
CATHEDRAL ENERGY SERVICES REPORTS RESULTS FOR 2022 Q2
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Jul 18, 2022 11:15 pm ET
CATHEDRAL ENERGY SERVICES ANNOUNCES ORGANIZATION UPDATES AND APPOINTMENT OF CF
CALGARY, AB, July 18, 2022 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company" or "CET") announced today a number of changes in its management team going forward.  Chad Robinson will be appointed the Chief Financial Officer of the company, replacing Mr. Ian Graham who will be departing the organization.
Jul 14, 2022 06:30 am ET
CATHEDRAL ENERGY SERVICES ANNOUNCES CLOSING OF ACQUISITION OF ALTITUDE ENERGY PARTNERS FOR $100MM USD
CALGARY, AB, July 14, 2022 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company") is pleased to announce that the Company has closed its previously announced acquisition (the "Acquisition") of Altitude Energy Partners, LLC ("Altitude") for a total purchase price of approximately USD $100,000,000 (the "Purchase Price"). The Purchase Price was satisfied through the issuance of 67,031,032 common shares in the capital of Cathedral ("Common Shares") and a cash amount of USD $62,675,000.
Jul 04, 2022 06:30 am ET
CATHEDRAL ENERGY SERVICES ANNOUNCES SIGNIFICANT EXPANSION OF US OPERATIONS WITH AGREEMENT TO ACQUIRE ALTITUDE ENERGY PARTNERS FOR $100MM USD
CALGARY, AB, July 4, 2022 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company" or "CET") today announced that it has entered into an agreement (the "Agreement") to acquire the directional drilling services business (the "Acquired Business") of Altitude Energy Partners, LLC ("Altitude"), a portfolio company of Black Bay Energy Capital, LLC ("Black Bay"),  for a purchase price of approximately USD $100 million (the "Acquisition") payable in a combination of cash and common shares of Cathedral ("Acquisition Shares"). Altitude is a privately-held, U.S.-based, direction
Jun 22, 2022 07:02 pm ET
CATHEDRAL ENERGY SERVICES ACQUIRES COMPASS DIRECTIONAL AND FURTHER ADVANCES ITS INDUSTRY CONSOLIDATION STRATEGY
CALGARY, AB, June 22, 2022 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company") today announced the acquisition of the operating assets of Compass Directional Services Ltd. ("Compass") for $9.5 million, (the "Transaction"). Compass is a privately-owned, Canadian directional drilling business operating in the Western Canadian Sedimentary Basin, with a focus on the high-activity Montney and Deep Basin plays.
Jun 20, 2022 05:00 am ET
CATHEDRAL ENERGY SERVICES ACQUIRES LEXA DRILLING TECHNOLOGIES; ADDS TECHNOLOGY LEADERSHIP WITH AXEL SCHMIDT AND ADDS CHAD ROBINSON IN KEY STRATEGY ROLE
CALGARY, AB, June 20, 2022 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company") today announced the acquisition of 90.98% of LEXA Drilling Technologies Inc. ("LEXA"), a Calgary-based, downhole technology company for equity consideration in Cathedral, (the "Transaction"). As part of the Transaction, Mr. Axel Schmidt will join Cathedral as Senior Vice President, Engineering and Technology while Mr. Chad Robinson will join as Vice President, Corporate Development. LEXA also brings an experienced engineering and development team.
May 12, 2022 07:12 pm ET
CATHEDRAL ENERGY SERVICES ANNOUNCES DIRECTOR ELECTION RESULTS
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
May 12, 2022 05:05 pm ET
CATHEDRAL ENERGY SERVICES REPORTS RESULTS FOR 2022 Q1
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Apr 25, 2022 09:16 am ET
IIROC Trade Resumption - CET.WT
TORONTO, April 25, 2022 /CNW/ - Trading resumes in:
Apr 25, 2022 08:58 am ET
CATHEDRAL ENERGY SERVICES CLOSES $26.4 MILLION UPSIZED BOUGHT DEAL EQUITY FINANCING INCLUDING EXERCISE IN FULL OF OVER-ALLOTMENT OPTION
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
Apr 05, 2022 08:02 am ET
IIROC Trade Resumption - CET
TORONTO, April 5, 2022 /CNW/ - Trading resumes in:
Apr 04, 2022 10:55 pm ET
Cathedral Energy Services Ltd. Announces Upsize to Bought Deal Offering
CALGARY, AB, April 4, 2022 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company") is pleased to announce that it has amended the terms of its previously announced offering of Units (as defined below). Under the amended terms of the Bought Deal Offering (as defined below), a syndicate of underwriters led by Acumen Capital Finance Partners Limited (the "Underwriters") have agreed to purchase 32,858,000 Units (the "Units") from the treasury of the Company, at a price of $0.70 per Unit (the "Issue Price") and offer them to the public by way of short-form prospectus for
Apr 04, 2022 03:55 pm ET
IIROC Trading Halt - CET
TORONTO, April 4, 2022 /CNW/ - The following issues have been halted by IIROC:
Apr 04, 2022 03:30 pm ET
CATHEDRAL ENERGY SERVICES ANNOUNCES $20 MILLION BOUGHT DEAL FINANCING
CALGARY, AB, April 4, 2022 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company") is pleased to announce it has entered into an agreement with Acumen Capital Finance Partners Limited ("Acumen" or the "Lead Underwriter") on behalf of itself and on behalf of a syndicate of investment dealers (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis, 28,575,000 units (the "Units") of the Company at a price of $0.70 per Unit (the "Issue Price") for aggregate gross proceeds to the Company of $20,002,500 (the
Mar 10, 2022 10:15 pm ET
CATHEDRAL ENERGY SERVICES REPORTS RESULTS FOR 2021 Q4
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Nov 09, 2021 10:45 pm ET
Cathedral Energy Services Reports Results for 2021 Q3
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Sep 08, 2021 06:00 am ET
Cathedral Energy Services Closes its Second Acquisition in the Quarter Through the Purchase of Valiant Energy Services
CALGARY, AB, Sept. 8, 2021 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company") is pleased to announce the closing of Cathedral's acquisition of the operating assets of Valiant Energy Services ("Valiant"), an Alberta-based directional drilling company, for a purchase price of $1,500,000 (the "Transaction"). The purchase price was satisfied through the issuance of 3,464,204 common shares of Cathedral (the "Consideration Shares") to Valiant.  The Consideration Shares will be subject to a 4-month statutory hold period.
Aug 10, 2021 11:45 pm ET
Cathedral Energy Services Reports Results for 2021 Q2
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Jul 23, 2021 06:00 am ET
Cathedral Energy Services and Precision Drilling Announce Business Transaction, Strategic Alliance and Newly Appointed Board Member
Cathedral Energy Services Ltd. (TSX:CET) (“Cathedral”) and Precision Drilling Corporation (TSX: PD, NYSE: PDS) (“Precision”) are pleased to announce the closing of Cathedral’s acquisition of Precision’s directional drilling business (the...
Jul 23, 2021 06:00 am ET
Cathedral Energy Services and Precision Drilling Announce Business Transaction, Strategic Alliance and Newly Appointed Board Member
CALGARY, AB, July 23, 2021 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral") and Precision Drilling Corporation (TSX: PD) (NYSE: PDS) ("Precision") are pleased to announce the closing of Cathedral's acquisition of Precision's directional drilling business (the "Transaction") for a purchase price of $6,350,000.  The Transaction includes operating assets and personnel of Precision's directional drilling business (including its operations facility in Nisku, Alberta), along with an additional $3 million cash investment by Precision to support growth and expansion of Cathedral, incl
Jun 23, 2021 11:45 pm ET
May 18, 2021 11:45 pm ET
May 17, 2021 03:41 pm ET
Cathedral Energy Services Announces Director Election Results
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA./
May 13, 2021 11:45 pm ET
Cathedral Energy Services Reports Results for 2021 Q1
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
May 10, 2021 05:00 am ET
Apr 16, 2021 05:00 am ET
Mar 11, 2021 11:32 pm ET
Cathedral Energy Services Reports Results for 2020 Q4
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Feb 08, 2021 04:00 am ET
Cathedral Announces Appointment of President, CEO and Director
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Nov 12, 2020 10:45 pm ET
Cathedral Energy Services Reports Results for 2020 Q3
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Oct 13, 2020 11:00 pm ET
Cathedral Announces Future Management Retirement
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Aug 13, 2020 11:45 pm ET
Cathedral Energy Services Reports Results for 2020 Q2
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Jun 29, 2020 10:51 pm ET
Cathedral Energy Services Announces Credit Facility Amendments and Extension
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Jun 24, 2020 11:45 pm ET
Cathedral Energy Services Reports Results for 2020 Q1
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Jun 16, 2020 05:36 pm ET
May 12, 2020 10:00 pm ET
Cathedral Energy Services Announces Director Election Results
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
May 10, 2020 06:00 pm ET
Apr 20, 2020 06:00 am ET
Cathedral Energy Services Corporate Update
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Mar 12, 2020 11:40 pm ET
Cathedral Energy Services Reports Results for 2019 Q4
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Nov 07, 2019 10:45 pm ET
Cathedral Energy Services Reports Results for 2019 Q3
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Aug 08, 2019 11:30 pm ET
Cathedral Energy Services Reports Results for 2019 Q2
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
May 13, 2019 03:33 pm ET
Cathedral Energy Services Announces Director Election Results
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
May 09, 2019 04:30 pm ET
Cathedral Energy Services Reports Results for 2019 Q1
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Mar 07, 2019 10:45 pm ET
Cathedral Energy Services Reports Results for 2018 Q4
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Nov 28, 2018 04:00 am ET
Cathedral Energy Services Announces Retirement of CFO
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Nov 08, 2018 10:45 pm ET
Cathedral Energy Services Reports Results for 2018 Q3
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Aug 09, 2018 11:45 pm ET
Cathedral Energy Services Reports Results for 2018 Q2
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
May 11, 2018 11:45 pm ET
Cathedral Energy Services Announces Director Election Results
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
May 07, 2018 11:45 pm ET
Cathedral Energy Services reports results for 2018 Q1
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Mar 08, 2018 10:45 pm ET
Cathedral Energy Services Reports Results for 2017 Q4
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Dec 11, 2017 11:30 pm ET
Cathedral Energy Services Ltd. Announces New Credit Facility
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Nov 09, 2017 11:45 pm ET
Cathedral Energy Services Reports Results for 2017 Q3
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Aug 11, 2017 12:45 am ET
Cathedral Energy Services Reports Results for 2017 Q2
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Jun 08, 2017 05:49 pm ET
Cathedral Energy Services Announces Director Election Results
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
May 12, 2017 12:50 am ET
Cathedral Energy Services Reports Results for 2017 Q1
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Mar 02, 2017 11:50 pm ET
Cathedral Energy Services Reports Results for 2016 Q4
 /NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Feb 15, 2017 08:41 am ET
Cathedral Energy Services Ltd. Announces Closing of Bought Deal Financing Including Exercise in Full of the Over-Allotment Option
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
Jan 25, 2017 07:58 am ET
IIROC Trade Resumption - CET
TORONTO, Jan. 25, 2017 /CNW/ - Trading resumes in:
Jan 25, 2017 07:45 am ET
Cathedral Energy Services Ltd. Announces Increase to Previously Announced Bought Deal Financing to $11.2 Million
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Cathedral Energy Services Ltd. ("Cathedral" or the "Company")...
Jan 24, 2017 04:01 pm ET
IIROC Trading Halt - CET
TORONTO, Jan. 24, 2017 /CNW/ - The following issues have been halted by IIROC:
Jan 24, 2017 03:33 pm ET
Cathedral Energy Services Ltd. Announces $10.1 Million Bought Deal Financing
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Cathedral Energy Services Ltd. ("Cathedral" or the "Company")...
Dec 19, 2016 02:01 am ET
Nov 10, 2016 11:40 pm ET
Cathedral Energy Services Reports Results for 2016 Q3
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Aug 29, 2016 04:00 am ET
Aug 10, 2016 12:45 am ET
Cathedral Energy Services Reports Results for 2016 Q2
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Aug 09, 2016 11:35 am ET
Jul 04, 2016 06:05 pm ET
Cathedral Energy Services Provides Update on its Credit Facility
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
May 13, 2016 04:30 pm ET
Cathedral Energy Services Announces Director Election Results
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
May 11, 2016 12:50 am ET
Cathedral Energy Services reports results for 2016 Q1
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Mar 02, 2016 11:45 pm ET
Cathedral Energy Services reports results for 2015 Q4
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Feb 29, 2016 09:34 pm ET
Cathedral Energy Services Announces Completion of Exit From Venezuela Investment
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
Jan 27, 2016 07:24 pm ET