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

Reuters

Jan 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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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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.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>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. <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\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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ACT Energy Technologies Ltd. published the original content used to generate this news brief via CNW  on Jan","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"EGY.AU":"ENERGY TECHNOLOGIES LTD","BK7023":"电气部件与设备"},"translate_title":"ACT Energy Technologies以2420万美元收购Stryker Energy定向服务公司","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EGY.AU":0.9},"content_text":"ACT Energy Technologies acquires Stryker Energy Directional Services for USD$24.2 million\n    \n\nACT 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.\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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