Business
Cathedral Energy Services Drills 1,000 Wells for Tundra Oil & Gas
CALGARY , Oct. 20, 2014 /CNW/ - Cathedral Energy Services Ltd. (the "Company" or "Ca...
About this update from Act Energy Technologies Ltd.
[{"type":"text","content":"\n\nCALGARY, Oct. 20, 2014 /CNW/ - Cathedral Energy Services Ltd. (the \"Company\" or \"Cathedral\" / TSX: CET) announces that it has supplied directional drilling equipment and services for over 1,000 wells completed by Tundra Oil and Gas Partnership (\"Tundra\") in Manitoba and Saskatchewan.  This 1,000 well milestone represents over 14 years of collaboration between Tundra and Cathedral.\n\nRandy Pustanyk, Chief Operating Officer of Cathedral commented; \"Cathedral is extremely proud to be a part of the long standing relationship with Tundra and their ongoing commitment to improvement and operational excellence.  Working directly with Tundra, Cathedral has significantly decreased the average number of days per well drilled in the Williston Basin area, not just for Tundra but for all of our customers in this area. We look forward to many years of future success with Tundra.\"\n\nTim Howell, Senior Vice President of Operations for Tundra commented; \"Cathedral has been a critical long-term partner with us on our drilling programs enabling us to decrease our well costs significantly.   Cathedral has tailored their equipment and on-site services to our needs and is very responsive when there are challenges.  A key aspect to our drilling success has been Cathedral's ability to work as a team with our engineers, drilling contractors and suppliers.\" \n\nAbout Tundra\n\nTundra Oil & Gas Partnership is a wholly-owned business of Winnipeg-based James Richardson & Sons, Limited (\"JRSL\"), a private family company established in 1857. JRSL is a multi-disciplined enterprise with operations in agriculture, food processing, financial services, property management and energy exploration.  Additional information on Tundra can be found at www.tundraoilandgas.com\n\nAbout Cathedral\n\nCathedral Energy Services is a trusted partner to North American energy companies requiring high performance directional drilling services and dependable flowback and production testing solutions.  \n\nWe work in partnership with our customers to tailor our equipment and expertise to meet their specific geographical and technical needs.  Our experience, technologies and responsive personnel enable our customers to achieve higher efficiencies and lower project costs.\n\nCathedral's shares trade on the TSX under...