Cathedral Energy Services To Acquire Altitude Energy Partners For US$100 Million

Cathedral Energy Services Ltd. is continuing its run of acquisitions, announcing this morning that it has entered into an agreement to acquire the directional drilling services business of Altitude Energy Partners, LLC, a portfolio company of Black Bay Energy Capital, LLC, for a purchase price of approximately US$100 million payable in a combination of cash and common shares of Cathedral.

Continue Reading.
Start a Free Trial

Canada’s most trusted and comprehensive source of oil and gas industry insight and intelligence.

Start a free trial Start your free trial

Enjoy a 14 day free trial and see the benefits:

  • 3X Daily News Briefs
  • Oilsands Data
  • Interactive Data Dashboards
  • Infographics
  • And more

Your company may have purchased an enterprise-wide subscription for the Daily Oil Bulletin.

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.