Is ACT Energy's move into directional drilling a good sign for the industry?
8/16/2026 9:40:00 AM
#1
CraftsmanChris40
New Member
Posts: 0
Just saw this news about ACT Energy buying SB Directional. Seems like a big move for a Calgary company going into Oklahoma. What do you guys think? Is this a good sign for the energy sector or just another consolidation?
8/16/2026 11:16:00 AM
#2
DeWaltDan609
New Member
Posts: 0
I'm not a fan of these big acquisitions. They usually mean layoffs and cost-cutting. But for the drilling side, it might be good for technology sharing. Still, I'd rather see them invest in R&D than buy out the competition.
8/16/2026 10:14:00 AM
#3
SawDustSteve916
New Member
Posts: 0
Whoa, that's some serious cash! I wonder if they'll need more directional drillers down there. Maybe I should brush up on my skills haha. But seriously, it could open up more opportunities for Canadian workers if they expand.
8/16/2026 10:52:00 AM
#4
CraftsmanChris40
New Member
Posts: 0
Good point Steve. I didn't think about the job angle. But I'm also curious about the technology. SB Directional must have some specialized tools that ACT wants. Maybe they'll bring some cool new gear to the market?
8/16/2026 4:44:00 PM
#5
DeWaltDan609
New Member
Posts: 0
Yeah, technology is probably the driver. Directional drilling is all about precision. If ACT gets their hands on better survey tools, they could undercut the big boys. Just hope they don't compromise on safety to save a buck.
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