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Client Work

Cathedral Energy Services expands credit facility and completes strategic acquisition of Rime Downhole Technologies

Fasken
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Overview

Client

Cathedral Energy Services

On July 11, 2023, Cathedral Energy Services (“Cathedral”) signed an amended credit agreement for a three year CAD$137 million credit facility. Cathedral also acquired Rime Downhole Technologies, a Texas-based engineering company, through a wholly-owned subsidiary.

Fasken advised Cathedral with a team comprised of Scott Sangster, Andrew Burt and Skylar Caldwell (Banking & Finance). 

Jurisdiction

  • Alberta

Team

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