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Altitude Energy Partners

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uuid000g67g

Namestring
Altitude Energy Partners
Legal namestring
Altitude Energy Partners
Websiteurl
altitude-ep.com
Company typeenum
Private
Founded yearint
2015
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersCasper, United States
HQ citystring
Casper
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices6 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
directional drilling services, mud motor manufacturing, measurement while drilling, rotary steerable systems, oilfield services
Industry3 codes
1OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance)
CodeEUALABAMPrimaryYes
2Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control)
CodeEUALABADPrimaryNo
3Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals)
CodeEUALABAHPrimaryNo
NAICS code2 codes
  • Drilling Oil and Gas Wells213111
  • Support Activities for Oil and Gas Operations213112
SIC code2 codes
  • Drilling Oil & Gas Wells1381
  • Oil & Gas Field Services, Nec1389
Product category
Directional Drilling Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Directional Drilling Services
TypeProfessional Services
Description

Project-based services providing directional drilling solutions to oil and gas operators. Revenue generated through service contracts for drilling operations across North American basins.

altitude-ep.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Altitude Energy Partners provides directional drilling services to oil and gas operators across North American basins, deploying proprietary and third-party equipment including mud motors (Elevation Motor Series), Measurement While Drilling (MWD) systems (Peak, Summit, RapidFire, Fusion), and Rotary Steerable Systems (PowerDrive Orbit G2, Pinnacle BHA, iCruise, NeoSteer). The company also operates a 24/7 Real-Time Operating Center (RTOC) providing remote survey coverage, QA/QC, MWD support, and active wellbore positioning, complemented by specialized engineering services such as U-Turn well drilling.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 99% operational efficiency with Summit MWD delivering thousands of runs
+3 more records
Product overview1 text field

Altitude Energy Partners is a directional drilling services company offering an integrated portfolio of services and proprietary equipment. The core offering includes Directional Drilling Services supported by the Elevation Motor Series (mud motors), MWD systems (PEAK MWD, Summit MWD, RapidFire DT, FUSION MWD), and Rotary Steerable Systems (PowerDrive Orbit G2, iCruise CX, NeoSteer CL, Pinnacle BHA RSS). These products are complemented by the Real-Time Operating Center (RTOC) providing 24/7 monitoring and remote guidance. The company also offers specialized U-Turn Wells drilling services and specialty motors (REACT, CLAW Power Sections) as add-on products. The portfolio is delivered through a team of 260 professionals across North America.

Product and service14 records
1Directional Drilling Services
CategoryCore service
Description

Advanced fleet of directional drilling equipment, precisely customized to ensure peak performance with exceptional KPIs and elevated operational efficiency for oil and gas operators.

2Elevation Motor Series
CategoryCore product
Description

Industry's most reliable mud motors, meticulously configured and calibrated to meet unique operational demands for faster and more efficient drilling across North American basins.

3PEAK MWD
CategoryCore product
Description

Next-generation MWD system with reimagined components and processes delivering next-generation reliability, efficiency, and real-time intelligence with scalable and modular design.

4Summit MWD
CategoryCore product
Description

Advanced MWD technology that has delivered thousands of runs with 99% operational efficiency, supporting integrations with RSS, Azi-GR, propagation resistivity, and advanced drilling dynamics.

5RapidFire Dual-Telemetry MWD
CategoryCore product
Description

Rugged, high-speed MWD system capable of operating both EM and Pulse at higher temperatures, power levels, and pulse speeds for reliable detection to TD.

6FUSION MWD
CategoryCore product
Description

MWD system with direct actuated mud pulse transmission and high output EM system for stronger signals and greater depths, ensuring precise wellbore placement.

7PowerDrive Orbit G2 RSS
CategoryCore product
Description

Engineered rotary steerable system to enhance precision and safety of well placement, delivering power for accurate well placement with minimized stuck pipe incidents.

8iCruise CX Intelligent RSS
CategoryCore product
Description

Compact automation-enabled rotary steerable system from Halliburton Sperry Drilling designed to connect with any MWD system for precise wellbore placement.

9NeoSteer CL At-Bit Steerable System
CategoryCore product
Description

Curve and lateral at-bit steerable system designed to enable drilling the curve and lateral in a faster single run where other methods require multiple trips.

10Pinnacle BHA RSS
CategoryCore product
Description

Uniquely designed BHA with RSS to address downhole twist-off events by maximizing reliability and longevity required in curve-lateral applications.

11Real-Time Operating Center (RTOC)
CategoryCore service
Description

Central hub for optimized drilling operations offering 24/7 real-time insights, seamless communication, remote survey coverage, and QA/QC processes for MWD and reporting data.

12U-Turn Wells
CategorySpecialized service
Description

Specialized U-turn well drilling services enabling operators to access larger reservoirs in unconventional formations, with proven experience supporting more than 39 U-turn wells and increasing rate of return by 25-40%.

13REACT Specialty Motors
CategoryAdd-on product
Description

Specialty motors offering 'Closer to Bit MWD' measurements enabling quick responses to lithology changes and improving geosteering capabilities.

14CLAW Power Sections
CategoryAdd-on product
Description

Power sections delivering higher horsepower and torque, built for demanding drilling operations with fewer trips.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierModerateTypeTechnology or IntegrationAnnounced on2026-01-30
Description

Altitude Energy Partners is integrating MWD technology with RSS systems alongside SLB, ProDirectional, and other industry leaders. Companies are deploying AI-powered real-time operating centers to further optimize directional drilling performance.

Strategic tierModerateTypeTechnology or IntegrationAnnounced on2026-01-30
Description

ProDirectional is mentioned alongside Altitude Energy Partners as companies integrating MWD technology with RSS systems and deploying AI-powered real-time operating centers for directional drilling optimization.

Strategic tierModerateTypeTechnology or Integration
Description

Altitude offers the iCruise CX intelligent RSS from Halliburton Sperry Drilling - a compact automation-enabled platform designed to connect with any MWD system for precise wellbore placement.

Strategic tierModerateTypeTechnology or Integration
Description

Baker Hughes launched TRU-Steer RSS and PermaFORCE-TRU PDC drill bit combination. Altitude Energy Partners is integrating MWD technology with RSS systems in the industry alongside Baker Hughes innovations for drilling speed and precision.

Strategic tierCoreTypeTechnology or Integration
Description

Starlink infrastructure has provided uninterrupted, high-bandwidth data streaming for Altitude's RTOC operations for over two years with zero connectivity failures.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Independent directional drilling and MWD services provider named alongside Altitude as peers integrating MWD with RSS and deploying AI-powered RTOCs. Operates across North American basins with comparable service offering.

TypeDirect peer
Description

Specialized directional drilling and wellbore positioning services company offering MWD, surveying, and rotary steerable solutions. Closely comparable as a mid-sized independent focused exclusively on directional drilling and BHA services.

TypeDirect peer
Description

Canadian-based directional drilling and MWD services company serving the Western Canadian Sedimentary Basin with parallel product/service portfolio to Altitude's Canadian operations. Direct competitor in Alberta.

TypeDirect peer
Description

Independent provider of directional drilling, MWD/LWD, and wellbore positioning services with operations across major U.S. and international basins. Closely analogous mid-sized niche player.

TypeDirect peer
Description

Specialized directional drilling company providing motors, MWD, and rotary steerable services to oil and gas operators, particularly active in Western Canada - directly comparable to Altitude's Canadian operations.

TypeBroad incumbent
Description

Global oilfield services major whose Drilling & Evaluation segment offers PowerDrive RSS, NeoSteer, and MWD products that compete with Altitude's integrated offering. Altitude deploys SLB's PowerDrive Orbit G2 as part of its RSS portfolio.

TypeBroad incumbent
Description

Integrated OFS major whose Sperry Drilling division provides iCruise RSS, MWD, and directional drilling services. Altitude distributes Halliburton Sperry's iCruise CX and competes against broader Sperry portfolio in E&P tenders.

TypeBroad incumbent
Description

Global oilfield services company whose Well Construction segment offers TRU-Steer RSS and integrated directional drilling services. Cited as a parallel innovator alongside Altitude's MWD+RSS integration efforts.

TypeBroad incumbent
Description

Multi-product OFS provider with drilling, evaluation, and completions offerings including directional drilling solutions and RSS platforms. Competes with Altitude in tenders for integrated drilling packages.

10DarkHorse Directional Drilling
TypeDirect peer
Description

Independent directional drilling and MWD services company operating across U.S. shale basins with comparable product line (mud motors, MWD, RSS). Direct mid-sized competitor to Altitude in Permian/Delaware and other U.S. basins.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles10 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Altitude Energy Partners

Directional Drilling Servicesaltitude-ep.com

Altitude Energy Partners firmographics

Firmographics
Name
Altitude Energy Partners
Legal name
Altitude Energy Partners
Website
https://altitude-ep.com
Company type
Private
Founded year
2015
Operating status
Operating
Headcount range
101–250 employees
Ownership category
akta.pro rank

Altitude Energy Partners industry classification

Industry
Product category
Directional Drilling Services
NAICS
Drilling Oil and Gas Wells (213111), Support Activities for Oil and Gas Operations (213112)
SIC
Drilling Oil & Gas Wells (1381), Oil & Gas Field Services, Nec (1389)
akta.pro primary industry
OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance) (EUALABAM)
akta.pro secondary industries
Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD), Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

Keywords

  • Directional drilling services
  • Mud motor manufacturing
  • Measurement while drilling
  • Rotary steerable systems
  • Oilfield services

Where Altitude Energy Partners is headquartered

Location

Headquarters

HQ city
Casper
HQ country
United States
HQ region
North America

Offices6 records

Markets served

Altitude Energy Partners business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

  1. Directional Drilling Services: Project-based services providing directional drilling solutions to oil and gas operators. Revenue generated through service contracts for drilling operations across North American basins.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Altitude Energy Partners product offering

Product offering

Core offering

Altitude Energy Partners provides directional drilling services to oil and gas operators across North American basins, deploying proprietary and third-party equipment including mud motors (Elevation Motor Series), Measurement While Drilling (MWD) systems (Peak, Summit, RapidFire, Fusion), and Rotary Steerable Systems (PowerDrive Orbit G2, Pinnacle BHA, iCruise, NeoSteer). The company also operates a 24/7 Real-Time Operating Center (RTOC) providing remote survey coverage, QA/QC, MWD support, and active wellbore positioning, complemented by specialized engineering services such as U-Turn well drilling.

Product overview

Altitude Energy Partners is a directional drilling services company offering an integrated portfolio of services and proprietary equipment. The core offering includes Directional Drilling Services supported by the Elevation Motor Series (mud motors), MWD systems (PEAK MWD, Summit MWD, RapidFire DT, FUSION MWD), and Rotary Steerable Systems (PowerDrive Orbit G2, iCruise CX, NeoSteer CL, Pinnacle BHA RSS). These products are complemented by the Real-Time Operating Center (RTOC) providing 24/7 monitoring and remote guidance. The company also offers specialized U-Turn Wells drilling services and specialty motors (REACT, CLAW Power Sections) as add-on products. The portfolio is delivered through a team of 260 professionals across North America.

Differentiator

Problem solved

Functional benefit

Products and services

  • Directional Drilling Services Advanced fleet of directional drilling equipment, precisely customized to ensure peak performance with exceptional KPIs and elevated operational efficiency for oil and gas operators.
  • Elevation Motor Series Industry's most reliable mud motors, meticulously configured and calibrated to meet unique operational demands for faster and more efficient drilling across North American basins.
  • PEAK MWD Next-generation MWD system with reimagined components and processes delivering next-generation reliability, efficiency, and real-time intelligence with scalable and modular design.
  • Summit MWD Advanced MWD technology that has delivered thousands of runs with 99% operational efficiency, supporting integrations with RSS, Azi-GR, propagation resistivity, and advanced drilling dynamics.
  • RapidFire Dual-Telemetry MWD Rugged, high-speed MWD system capable of operating both EM and Pulse at higher temperatures, power levels, and pulse speeds for reliable detection to TD.
  • FUSION MWD MWD system with direct actuated mud pulse transmission and high output EM system for stronger signals and greater depths, ensuring precise wellbore placement.
  • PowerDrive Orbit G2 RSS Engineered rotary steerable system to enhance precision and safety of well placement, delivering power for accurate well placement with minimized stuck pipe incidents.
  • iCruise CX Intelligent RSS Compact automation-enabled rotary steerable system from Halliburton Sperry Drilling designed to connect with any MWD system for precise wellbore placement.
  • NeoSteer CL At-Bit Steerable System Curve and lateral at-bit steerable system designed to enable drilling the curve and lateral in a faster single run where other methods require multiple trips.
  • Pinnacle BHA RSS Uniquely designed BHA with RSS to address downhole twist-off events by maximizing reliability and longevity required in curve-lateral applications.
  • Real-Time Operating Center (RTOC) Central hub for optimized drilling operations offering 24/7 real-time insights, seamless communication, remote survey coverage, and QA/QC processes for MWD and reporting data.
  • U-Turn Wells Specialized U-turn well drilling services enabling operators to access larger reservoirs in unconventional formations, with proven experience supporting more than 39 U-turn wells and increasing rate of return by 25-40%.
  • REACT Specialty Motors Specialty motors offering 'Closer to Bit MWD' measurements enabling quick responses to lithology changes and improving geosteering capabilities.
  • CLAW Power Sections Power sections delivering higher horsepower and torque, built for demanding drilling operations with fewer trips.

Quantifiable outcome

  • 99% operational efficiency with Summit MWD delivering thousands of runs
  • +3 more outcomes

Companies that use Altitude Energy Partners

Customer profile

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Altitude Energy Partners technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature7 records

Altitude Energy Partners partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered moderate and core.

  • SLB (formerly Schlumberger)moderateTechnology or Integration · 30 January 2026Altitude Energy Partners is integrating MWD technology with RSS systems alongside SLB, ProDirectional, and other industry leaders. Companies are deploying AI-powered real-time operating centers to further optimize directional drilling performance.
  • ProDirectionalmoderateTechnology or Integration · 30 January 2026ProDirectional is mentioned alongside Altitude Energy Partners as companies integrating MWD technology with RSS systems and deploying AI-powered real-time operating centers for directional drilling optimization.
  • Halliburton Sperry Drilling (iCruise)moderateTechnology or IntegrationAltitude offers the iCruise CX intelligent RSS from Halliburton Sperry Drilling - a compact automation-enabled platform designed to connect with any MWD system for precise wellbore placement.
  • Baker HughesmoderateTechnology or IntegrationBaker Hughes launched TRU-Steer RSS and PermaFORCE-TRU PDC drill bit combination. Altitude Energy Partners is integrating MWD technology with RSS systems in the industry alongside Baker Hughes innovations for drilling speed and precision.
  • StarlinkcoreTechnology or IntegrationStarlink infrastructure has provided uninterrupted, high-bandwidth data streaming for Altitude's RTOC operations for over two years with zero connectivity failures.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Altitude Energy Partners competitors and assessment

Company assessment

Direct peers

  • ProDirectional: Independent directional drilling and MWD services provider named alongside Altitude as peers integrating MWD with RSS and deploying AI-powered RTOCs. Operates across North American basins with comparable service offering.
  • Gyrodata: Specialized directional drilling and wellbore positioning services company offering MWD, surveying, and rotary steerable solutions. Closely comparable as a mid-sized independent focused exclusively on directional drilling and BHA services.
  • Phoenix Technology Services: Canadian-based directional drilling and MWD services company serving the Western Canadian Sedimentary Basin with parallel product/service portfolio to Altitude's Canadian operations. Direct competitor in Alberta.
  • Scientific Drilling International: Independent provider of directional drilling, MWD/LWD, and wellbore positioning services with operations across major U.S. and international basins. Closely analogous mid-sized niche player.
  • CANE Directional Drilling: Specialized directional drilling company providing motors, MWD, and rotary steerable services to oil and gas operators, particularly active in Western Canada - directly comparable to Altitude's Canadian operations.
  • DarkHorse Directional Drilling: Independent directional drilling and MWD services company operating across U.S. shale basins with comparable product line (mud motors, MWD, RSS). Direct mid-sized competitor to Altitude in Permian/Delaware and other U.S. basins.

Broad incumbents

  • SLB (Schlumberger): Global oilfield services major whose Drilling & Evaluation segment offers PowerDrive RSS, NeoSteer, and MWD products that compete with Altitude's integrated offering. Altitude deploys SLB's PowerDrive Orbit G2 as part of its RSS portfolio.
  • Halliburton: Integrated OFS major whose Sperry Drilling division provides iCruise RSS, MWD, and directional drilling services. Altitude distributes Halliburton Sperry's iCruise CX and competes against broader Sperry portfolio in E&P tenders.
  • Baker Hughes: Global oilfield services company whose Well Construction segment offers TRU-Steer RSS and integrated directional drilling services. Cited as a parallel innovator alongside Altitude's MWD+RSS integration efforts.
  • Weatherford International: Multi-product OFS provider with drilling, evaluation, and completions offerings including directional drilling solutions and RSS platforms. Competes with Altitude in tenders for integrated drilling packages.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Altitude Energy Partners social profiles

Digital presence

Altitude Energy Partners compliance and trust

Trust signal

Compliance2 records

Altitude Energy Partners financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Altitude Energy Partners leadership team

Management profile

Number of profiles

Profiles10 records

Altitude Energy Partners funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Altitude Energy Partners M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Altitude Energy Partners

What does Altitude Energy Partners do?

Altitude Energy Partners provides directional drilling services to oil and gas operators across North American basins, deploying proprietary and third-party equipment including mud motors (Elevation Motor Series), Measurement While Drilling (MWD) systems (Peak, Summit, RapidFire, Fusion), and Rotary Steerable Systems (PowerDrive Orbit G2, Pinnacle BHA, iCruise, NeoSteer). The company also operates a 24/7 Real-Time Operating Center (RTOC) providing remote survey coverage, QA/QC, MWD support, and active wellbore positioning, complemented by specialized engineering services such as U-Turn well drilling.

Is Altitude Energy Partners a public or private company?

Altitude Energy Partners is a private company. It is classified as corporate owned and is currently operating.

When was Altitude Energy Partners founded?

Altitude Energy Partners was founded in 2015. It employs 101 to 250 people.

Where is Altitude Energy Partners based?

Altitude Energy Partners is headquartered in Casper, United States, in the North America region.

How does Altitude Energy Partners make money?

One revenue line is on record: directional Drilling Services.

Who are Altitude Energy Partners's main competitors?

Direct peers on record are ProDirectional, Gyrodata, Phoenix Technology Services, Scientific Drilling International, CANE Directional Drilling and DarkHorse Directional Drilling. Broad incumbents are SLB (Schlumberger), Halliburton, Baker Hughes and Weatherford International.

Does Altitude Energy Partners have an API?

No public API is recorded for Altitude Energy Partners.

What industry is Altitude Energy Partners in?

Altitude Energy Partners's product category is Directional Drilling Services. Its primary akta.pro industry code is EUALABAM, OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance), with a secondary code of EUALABAD, Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control). Its NAICS code is 213111 and its SIC code is 1381.

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Live signals
Drilling ContractorNo more tradeoffs: RSS innovations allow drilling speed, precision to coexistBaker Hughes launched its new TRU-Steer rotary steerable system (RSS) and PermaFORCE-TRU PDC drill bit combination at its Annual Meeting in Florence, Italy on January 30, designed to allow operators to achieve both drilling speed and precision simultaneously. Field trials in North America demonstrated significant performance gains, including a 15% increase in weight on bit, 19.65 ft/hr higher ROP in curves, and 1,165 ft more footage per day in laterals, translating to two fewer days on well. Companies including ProDirectional, Altitude Energy Partners, and SLB are also integrating MWD technology with RSS systems and deploying AI-powered real-time operating centers to further optimize directional drilling performance.The Globe and MailCathedral Energy Services signs deal to buy U.S. company Altitude Energy PartnersCathedral Energy Services has signed a deal to acquire the U.S.-based company Altitude Energy Partners. This transaction represents a strategic expansion for Cathedral Energy Services into the American market through the acquisition of Altitude.Winnipeg Free PressCathedral Energy Services buying U.S. company Altitude Energy Partners – Winnipeg Free PressCathedral Energy Services Ltd. has signed an agreement to acquire the directional drilling services business of Altitude Energy Partners LLC for approximately US$100 million in cash and shares. The transaction encompasses nearly US$62.7 million in cash payments and the issuance of about 67 million shares, with Cathedral planning to operate under the Altitude name in the U.S. under the existing management.Global NewsCathedral Energy Services buying U.S. company Altitude Energy Partners - CalgaryCathedral Energy Services Ltd. has agreed to acquire the directional drilling services business of Altitude Energy Partners LLC for approximately US$100 million in cash and shares. The transaction, valued at nearly US$62.7 million in cash plus about 67 million shares, aims to expand Cathedral's operations within the U.S. market, particularly in Texas. Altitude will continue to operate under its existing name with its current management team leading the unit.