Cathedral Energy Services Announces Appointment of Chief Financial Officer and Senior Vice President of U.S. Operations

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Calgary (AB), May 18 2021 /CNW/-Cathedral Energy Services Limited (“Company” or “Cathedral”) (Toronto Stock Exchange:This) Announce appointment Ian Graham, MBA, effective as chief financial officer (“CFO”) May 26In 2021, Mr. Graham worked at the Cathedral and held senior positions in the finance, strategy and business development of the oilfield services industry, after which he has extensive experience in finance. Most recently, Mr. Graham served as Senior Director of Finance at Trican Well Services Ltd.-Corporate Development, Taxation and Finance Department, and served as Director of Finance and Risk Management at Saxon Energy Services. He said: “I am very happy to welcome Ian to the cathedral and look forward to using his experience and talents as we enter the next stage of the cathedral’s development.” Tom Conners, President and CEO. As CFO, Mr. Graham will be responsible for finance, accounting, risk management and investor relations, with a focus on strategy and business development. Mr. Graham holds an MBA from the Haskayne School of Business – University of Calgary And the Bachelor of Business in Marketing from the Sauder School of Business- University of British Columbia.

In addition, the cathedral announced the appointment Fawzi Iranian, P. Eng. , MBA, served as senior vice president of US operations. Mr. Iranian will oversee all aspects of the cathedral’s operations in the United States. In the past few years, Mr. Irani has held many positions in sales, business development, engineering, operations, and leadership. The most recent one was at Precision Drilling Corporation and the previous one was at Baker Hughes in the United States. North America As well as on an international scale, and brings a wealth of expertise to this role. Mr. Connors continued: “The addition of Mr. Inini to our management team will strengthen our bench strength in key markets and will enable us to further utilize our people, technology and platform to conduct business. United States“. Mr. Iran has a master’s degree in business administration, a master’s degree in business administration, from Cornell University And has a bachelor’s degree in electrical engineering (Bachelor of Engineering) from Western University.

In summary, Mr. Conners commented: “The addition of Ian and Faz in the executive leadership team provides a solid foundation for guiding the Cathedral in implementing our strategic plan, and continues to focus on organic and acquisition growth opportunities.”

About the cathedral

Cathedral Energy Service Co., Ltd., located in Calgary, Alberta According to the “Business Company Act” (Alberta) And operates in the United States under the name of Cathedral Energy Services Inc. in the United States. The company is listed on the Toronto Stock Exchange under the ticker symbol “CET”. Cathedral is a trusted partner of North American energy companies that require high-performance directional drilling services. We work with customers to tailor our equipment and expertise to meet their specific geographic and technical needs. Our experience, technology and responsive personnel enable our customers to achieve higher efficiency and lower project costs.For more information, please visit www.cathedralenergyservices.com.

SOURCE Cathedral Energy Services Ltd.

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