Cathedral Energy Serv (CET) has notable insider buying

Cathedral Energy Serv (T:CET)

Ian Stephen Brown, a Director, acquired 45,000 Common Shares on a direct ownership basis at prices ranging from $0.590 and $0.610 through the public market on July 19th, 2022. This represents a $27,050 investment into the company's shares and an account share holdings change of 7.1%.

Roderick Donald Maxwell, a Director, acquired 139,500 Common Shares on a direct ownership basis at prices ranging from $0.590 and $0.650 through the public market between July 18th, 2022 and July 19th, 2022. This represents a $84,525 investment into the company's shares and an account share holdings change of 10.4%.

Scott Douglas Sarjeant, a Director, acquired 30,000 Common Shares on a direct ownership basis at a price of $0.300 through an exercise of options on July 15th, 2022. This represents a $9,000 investment into the company's shares and an account share holdings change of 2.5%.

Cathedral Energy Services Ltd. is a Canada-based energy services company. The Company is engaged in the business of providing directional drilling services to oil and natural gas companies in western Canada and the United States. The Company provides horizontal and directional drilling services. These services are provided in conjunction with the use of drilling rigs provided by drilling contractors who deal independently with Company's customers. Its Measurement-While-Drilling (MWD) systems are installed in the drill string as part of the bottom hole assembly (BHA) to provide measurements of trajectory parameters, such as inclination, direction, tool-face and temperature. Its MWD fleet consists of technologies, such as RapidFire, FUSION, FUSION EM (Electro Magnetic), FUSION RP (Rotary Pulse), FUSION DT (Dual Telemetry), FUSION LP (Linear Pulse) and FUSION EMc2 Downhole Generator, among others. Its Canadian operations facilities are located in Calgary, Alberta and Nisku, Alberta.