ACT Energy Technologies Ltd. press release
Cathedral Energy Services announces board appointment
TSX - Toronto Stock Exchange · Canada
##
Canada NewsWire
CALGARY, Oct. 6, 2015
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
CALGARY, Oct. 6, 2015/CNW/ - Cathedral Energy Services Ltd. (the "Company" or "Cathedral" / TSX: CET) is pleased to announce that Cathedral's Board of Directors have appointed Dale E. Tremblayas non-executive director of the Company, subject to regulatory approval. Mr. Tremblay has extensive oilfield service business experience in senior management positions at both domestic and international companies. Mr. Tremblay has been involved in start-up companies and the growth of a public company to an approximate market value of $6.5 billion.
Mr. Tremblay was the Chairman and Chief Executive Officer of Western Energy Services Corp from December 2009to December 2013. Prior thereto, Mr. Tremblay was the Chairman of SES Holdings Limited, the parent company of Saxon Energy Services Inc., from August 2005to December 2009in addition to serving as President and Chief Executive Officer of Saxon Energy Services Inc. Prior thereto; Mr. Tremblay was the Senior Vice President, Finance and Chief Financial Officer of Precision Drilling Corporation from June 1988to June 2005.
In addition, Mr. Tremblay is a non-executive director of Horizon North Logistics Inc. since May 2010, McCoy Global Inc. since May 2015, and ATK Oilfield Transportation Inc. since March 2014.
Cathedral's management team is committed to a growth strategy with a current focus on the continuation of its U.S. expansion, increasing market share in the Canadaand enhancing overall profitability.
Cathedral Energy Services Ltd. (the "Company" or "Cathedral"), based in Calgary, Albertais incorporated under the Business Corporations Act (Alberta) and operates in the U.S. under Cathedral Energy Services Inc. The Company is publicly traded on the Toronto Stock Exchange under the symbol "CET". Cathedral, is a trusted partner to North American energy companies requiring high performance directional drilling services and dependable flowback and production testing solutions. We 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. For more information, visit www.cathedralenergyservices.com.
SOURCE Cathedral Energy Services Ltd.
Requests for further information should be directed to: P. Scott MacFarlane, President and Chief Executive Officer or Michael F. Hill, Chief Financial Officer, Cathedral Energy Services Ltd., 6030 - 3rd Street S.E., Calgary, Alberta T2H 1K2, Telephone: 403.265.2560, Fax: 403.262.4682, www.cathedralenergyservices.comCopyright CNW Group 2015