ACT Energy Technologies acquires Stryker Energy Directional Services for USD$24.2 million

Reuters

01/06

ACT <a href="https://laohu8.com/S/EGY.AU">Energy Technologies</a> acquires Stryker Energy Directional Services for USD$24.2 million

ACT Energy Technologies Ltd. has completed the acquisition of all assets of Stryker Energy Directional Services, LLC for a total consideration of USD$24.2 million (approximately CAD$34 million). The purchase price included USD$12.5 million in cash, a USD$6.7 million promissory note, and USD$5.0 million in ACT common shares, with 1,299,394 shares issued at a deemed price of $5.29 each. Stryker, founded in 2010 and based in Conroe, Texas, is a directional drilling services provider with a strong operating history across the Southern United States. The acquisition is expected to expand ACT’s presence in the region.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ACT Energy Technologies Ltd. published the original content used to generate this news brief via CNW (Ref. ID: C8049) on January 06, 2026, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/CETED\">ACT Energy Technologies Ltd.</a> published the original content used to generate this news brief via CNW (Ref. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/CETED\">ACT Energy Technologies Ltd.</a> published the original content used to generate this news brief via CNW (Ref. ID: C8049) on January 06, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EGY.AU","symbol_name":"ENERGY TECHNOLOGIES LTD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260106:nNDL8y8qkv:1","article_id":"2601891895","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2601891895","pubTimestamp":1767699025,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"ACT Energy Technologies Ltd. has completed the acquisition of all assets of Stryker Energy Directional Services, LLC for a total consideration of USD$24.2 million . 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Stryker, founded in 2010 and based in Conroe, Texas, is a directional drilling services provider with a strong operating history across the Southern United States. The acquisition is expected to expand ACT’s presence in the region.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ACT Energy Technologies Ltd. published the original content used to generate this news brief via CNW (Ref. 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